short rate, bond prices, as well as interest rate derivatives. We extend CKLS (1992) to a broader class of single factor … neural network approach (MLP-ANN), in pricing and hedging discount bonds. We find that while the MLP-ANN can better fit bond … forecasting bond yield changes. Finally, we compare various interest rate bond option pricing models, in their ability to price …

This paper presents a novel channel of monetary policy transmission through open- end bond mutual funds and ETFs (“bond … funds”). First, I document large aggregate inflows to (outflows from) bond funds in response to monetary easing (tightening …). Us- ing the cross section of bond funds, I show that this monetary response is motivated by chasing …

counter example to both pure quantity-theoretic and pure Fisherian analyses. Money, bond and productive-capital demand … Mundell-Tobin effect, as well as of a deficit-financed tax cut, are presented. Keynesian-like bond-matters implications are …

-free rate, and the yield curve. In particular, the bond price decreases with the average belief and, in most situations, tends … belief dispersion also leads to higher bond volatility. In addition, the model nests the CIR model with time …