Bernanke, Ben; Reinhart, Vincent; Sack, Brian - 2004
-
arbitrage” models of the term structure for the United States and Japan. There is some
evidence that central bank … the recent
experiences of the United States and Japan to provide evidence on the potential
effectiveness of various …-study” analysis). Second, we estimate “no-arbitrage”
models of the term structure for the United States and Japan. For any given …