Predicting Turning Points in the Interest Rate Cycle (RLE: Business Cycles)

Predicting Turning Points in the Interest Rate Cycle (RLE: Business Cycles)

Autore: James W. Coons
Editore: Taylor & Francis
Edizione: 1
Data di pubblicazione: 2015
ISBN: 9781138887985

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Originally published in 1994 and the recipient of the Stonier Library Award, this volume evaluates an alternative approach – the sequential filter- to managing the uncertainty inherent in the future course of the interest rate cycle. The specific hypothesis is that the sequential filter can produce valuable signals of cyclical peaks and troughs in interest rates. The analysis focusses on US interest rates from April 1953 to December 1988.

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