Does the Yield Curve Predict Future Economic Activity? The Case of EU-28 and USA

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F14%3A00075035" target="_blank" >RIV/00216224:14560/14:00075035 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Does the Yield Curve Predict Future Economic Activity? The Case of EU-28 and USA
Original language description
In this paper the ability of the yield curve to predict GDP activity was examined in countries of EU-28 and United States of America. The dataset contains the spread between 10-year and 3-month sovereign bonds and real GDP of the countries between the years 2000 and 2013. The results showed that the prediction ability of the GDP growth or decrease was proven after year 2008 (the financial crisis) in Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Ireland, Luxembourg, Malta, Slovakia, Sweden and United Kingdom. These findings can be beneficial for investors and provide further evidence of the potential usefulness of the yield curve spreads as indicators of the future economic activity.
Czech name
—
Czech description
—

Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Economic Development and Management of Regions. Peer-Reviewed Conference Procedings: The International Conference Hradec Economic Days 2014
ISBN
9788074353697
ISSN
—
e-ISSN
—
Number of pages
7
Pages from-to
213-219
Publisher name
Gaudeamus
Place of publication
Hradec Králové
Event location
Hradec Králové
Event date
Jan 1, 2014
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
—

Similar results(10)