The GDP, the US treasury yield and the federal funds rate: who follows whom, when and why?
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DOI: 10.1108/jfep-11-2020-0241
Abstract: Purpose This study aims to address the fundamental question on how the major players in the economy dynamically interact with each other: among the central bank, the investors in the bond market and the firms… read more here.
Keywords: time; federal funds; funds rate; rate ... See more keywords