Forecasting with the yield curve; level, slope, and output 1875-1997

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 99
Issue: 1
Pages: 48-50

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Over the period 1875 to 1997, using the yield curve helps forecast real growth. Using both the level and slope of the curve improves forecasts more than using either variable alone. Forecast performance changes over time and depends somewhat on whether recursive or rolling out of sample regressions are used.

Technical Details

RePEc Handle
repec:eee:ecolet:v:99:y:2008:i:1:p:48-50
Journal Field
General
Author Count
2
Added to Database
2026-01-24