Drenovak, Mikica; Urošević, Branko - In: Economic Annals 55 (2010) 184, pp. 29-57
The objective of this paper is to estimate Serbian benchmark spot curves using the Svensson parametric model. The main challenges that we tackle are: sparse data, different currency denominations of short and longer term maturities, and infrequent transactions in the short-term market segment vs...