Piazzesi, Monika; Swanson, Eric T. - Federal Reserve Bank of San Francisco - 2006
and financial business-cycle indicators such as Treasury yield spreads and corporate bond spreads. Excess returns on …FEDERAL RESERVE BANK OF SAN FRANCISCO
WORKING PAPER SERIES
Working Paper 2006-23
http://www.frbsf.org/publications/economics …-
nomic indicators such as employment growth and financial business-cycle indicators such as
Treasury yield spreads and …