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finances - iate.europa.eu
Interest rate innovations and the volatility of long-term bond yields.This paper develops and tests restrictions on the variance of innovations in long-term bond yields implied by the expectations model of the term structure....
général - core.ac.uk - PDF: links.jstor.org
A roundabout path in the “snapback” of long-term bond yields... With term premium decompress amid waning policy support, higher long-term bond yields will induce further duration shedding to threaten risk sentiment....
The volatility of long-term bond returns: persistent interest shocks and time-varying risk premiums... Second, the large volatility of long-term bond returns requires persistence in the spot rate....
Are long-term bond yields excessively volatile?There is a debate on the excess volatility of long-term bond yields....
finances - iate.europa.eu
finances - iate.europa.eu
One-factor term structure without forward ratesWe construct a no-arbitrage model of bond prices where the long bond is used as a numeraire....
général - core.ac.uk - PDF: arxiv.org
Assessing the relation between equity risk premium and macroeconomic volatilities in the uk... This premium depends upon conditional volatility, which is significantly affected by the long bond yield, acting as a proxy for the underlying rate of inflation
Testing for stabilizing monetary policy rules: how robust to alternative specifications?... This paper discusses the interaction of this hypothesis with the widespread use of a partial adjustment model, in the context of sub-sample stability and robustness to the assumed exclusion of the long bond rate....
Lévy-vasicek models and the long-bond return process... Expressions are obtained for the Lévy-Vasicek bond prices and interest rates, along with a formula for the return on a unit investment in the long bond, defined by L_t=lim_{T→∞} P_{tT}/P_{0T}, where P_{tT} is the price at time t of a T-maturity discount bond....

Traductions en contexte français - anglais

Aussi longtemps qu’il agira ainsi et selon cette conception, aucune de ses activités, même sa fréquentation des réunions d’A.A., ne ressemblera à une obligation à longue échéance.

As long as the approach to A.A. is on this basis, no activity, including attendance at meetings, can ever resemble a long-term obligation.

général - CCMatrix (Wikipedia + CommonCrawl)
Aussi longtemps qu'il agira ainsi et selon cette conception, aucune de ses activités, même sa fréquentation des réunions d'A.. , ne ressemblera à une obligation à longue échéance..

As long as the approach to A.A. is on this basis, no activity, including attendance at meetings, can ever resemble a long-term obligation.

général - CCMatrix (Wikipedia + CommonCrawl)


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