Download This PaperThe Behavior of the Spread Between Treasury Bill Rates and Private Money Market Rates Since 1978
13 Pages Posted: 24 Aug 2012
There are 2 versions of this paper
The Behavior of the Spread Between Treasury Bill Rates and Private Money Market Rates Since 1978
The Behavior of the Spread between Treasury Bill Rates and Private Money Market Rates Since 1978
Date Written: 1983
Abstract
The Treasury bill rate is generally viewed as the representative money market rate. For this reason bill rates are almost always used in studies of the determinants of short-term interest rate levels and spreads, and bill rates are typically used as the index rate for variable-rate financial contracts.
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
New Indexes of Coincident and Leading Economic Indicators
By James H. Stock and Mark W. Watson
-
Forecasting Output and Inflation: The Role of Asset Prices
By James H. Stock and Mark W. Watson
-
Predicting U.S. Recessions: Financial Variables as Leading Indicators
-
A Multi-Country Comparison of Term Structure Forecasts at Long Horizons
-
On the Predictive Power of Interest Rates and Interest Rate Spreads
-
Why Does the Paper-Bill Spread Predict Real Economic Activity?
-
A Re-Examination of the Predictability of Economic Activity Using the Yield Spread
By James D. Hamilton and Dong Heon Kim
-
A Re-Examination of the Predictability of Economic Activity Using the Yield Spread
By James D. Hamilton and Dong Heon Kim
-
The Information in the High Yield Bond Spread for the Business Cycle: Evidence and Some Implications
By Mark Gertler and Cara S. Lown
-
The Predictive Content of the Interest Rate Term Spread for Future Economic Growth