This paper provides a brief survey of the relationship between the yield curve and future changes in interest rates and … inflation. The expectations hypothesis of the term structure indicates .that when the yield curve is upward sloping, future … hypothesis, yield spreads are positively correlated with future changes in short-term interest rates, particularly at long …

yield shocks” transmit across countries in the Eurozone. We sketch how GIVs could be useful to estimate a host of other …

structure to commodity futures prices, and develop new algorithms for estimation of such models using unbalanced data sets in …