A Pure Test for the Elasticity of Yield Spreads



provided by Research Papers in Economics


IIIS Discussion Paper

No.195∕December 2006

A Pure Test for the Elasticity of Yield Spreads

Gady Jacoby

I.H. Asper School of Business

Faculty of Management

University of Manitoba

Chuan Liao

Max M. Fisher College of Business

The Ohio State University

Jonathan A. Batten

Department of Finance

Hong Kong University of Science & Technology



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