文章基本信息

标题：La Estructura Temporal de Tasas de InterÃ©s en MÃ©xico: Â¿Puede Ã‰sta Predecir la Actividad EconÃ³mica Futura?
本地全文：下载
作者：Sara G. Castellanos ; Eduardo Camero
期刊名称：Revista de Análisis Económico (RAE)
印刷版ISSN：0716-5927
电子版ISSN：0718-8870
出版年度：2003
卷号：18
期号：2
页码：33-66
出版社：ILADES & Universidad Alberto Hurtado
摘要：This article uses conventional models to evaluate whether the term structure of interest rates can predict economic activity in Mexico. A positive relationship between interest rate differentials and economic activity is detected, even after controlling for the monetary policy stance through short term interest rates or monetary aggregates. The differentials among longer term interest rates are found to contain more information about future economic activity than the shorter term ones