Sökning: "Federico Valenza"
Hittade 1 uppsats innehållade orden Federico Valenza.
1. Good and Bad Macroeconomic Uncertainty: Implications for Bond Risk Premia
D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiSammanfattning : This paper explores the predictive power of macroeconomic uncertainty on bond risk premia. We decompose quarterly survey data into good and bad uncertainty components by estimating positive and negative semi-variances. Building on theoretical evidence, these uncertainties are assumed to feed into future positive and negative shocks to consumption. LÄS MER
Resultatsidor:
1