[PDF][PDF] Can the term spread predict output growth and recessions? A survey of the literature
DC Wheelock, ME Wohar - Federal Reserve Bank of St. Louis …, 2009 - files.stlouisfed.org
This article surveys recent research on the usefulness of the term spread (ie, the difference
between the yields on long-term and short-term Treasury securities) for predicting changes …
between the yields on long-term and short-term Treasury securities) for predicting changes …
Neural network forecasting of Canadian GDP growth
G Tkacz - International Journal of Forecasting, 2001 - Elsevier
The objective of this paper is to improve the accuracy of financial and monetary forecasts of
Canadian output growth by using leading indicator neural network models. We find that …
Canadian output growth by using leading indicator neural network models. We find that …
The use of indicators and of the monetary conditions index in Canada
C Freedman - Frameworks for monetary stability: policy issues …, 1994 - books.google.com
In the process of formulating and implementing monetary policy, central banks focus on a
series of variables, ranging from the ultimate target of policy, at one end, to the instrument of …
series of variables, ranging from the ultimate target of policy, at one end, to the instrument of …
[PDF][PDF] Financial conditions indexes for Canada
C Gauthier, C Graham, Y Liu - 2004 - bankofcanada.ca
Financial Conditions Indexes for Canada Page 1 Bank of Canada Banque du Canada Working
Paper 2004-22 / Document de travail 2004-22 Financial Conditions Indexes for Canada by …
Paper 2004-22 / Document de travail 2004-22 Financial Conditions Indexes for Canada by …
Testing for asymmetry in the link between the yield spread and output in the G-7 countries
JW Galbraith, G Tkacz - Journal of International Money and Finance, 2000 - Elsevier
The difference in yields between long-term and short-term securities has been used both as
a business cycle leading indicator and as an indicator of the direction of monetary policy …
a business cycle leading indicator and as an indicator of the direction of monetary policy …
Price discovery in the Hong Kong real estate market
KW Chau, BD MacGregor… - Journal of Property …, 2001 - Taylor & Francis
This paper examines price discovery for four sectors of the Hong Kong property market. The
Hong Kong property market is one of the deepest and most liquid markets in the world. In …
Hong Kong property market is one of the deepest and most liquid markets in the world. In …
Re-examination of the predictability of economic activity using the yield spread: a nonlinear approach
IA Venetis, I Paya, DA Peel - International Review of Economics & Finance, 2003 - Elsevier
This paper examines the feasibility of using the term structure of nominal interest rates in
empirical predictive relationships with future real activity growth serving as the dependent …
empirical predictive relationships with future real activity growth serving as the dependent …
The Bank of Canada's new quarterly projection model, Part 3. The dynamic model: QPM
D Coletti, B Hunt, D Rose, R Tetlow - 1996 - banqueducanada.ca
ABSTRACT The Bank of Canada's new Quarterly Projection Model, QPM, combines the
short-term dynamic properties necessary to support regular economic projections with the …
short-term dynamic properties necessary to support regular economic projections with the …
A comment on'The great Canadian slump'
C Freedman, T Macklem - Canadian Journal of Economics, 1998 - JSTOR
In this comment on Fortin (1996a), we argue that the sluggishness in economic activity in
Canada in the 1990s is better explained by a combination of factors than by monetary policy …
Canada in the 1990s is better explained by a combination of factors than by monetary policy …
Predicting Canadian recessions using financial variables: A probit approach
J Atta-Mensah, G Tkacz - 1998 - bankofcanada.ca
This paper examines the ability of a number of financial variables to predict Canadian
recessions. Regarding methodology, we follow closely the technique employed by Estrella …
recessions. Regarding methodology, we follow closely the technique employed by Estrella …