Title
Political Risk and the Expectations Hypothesis
Document Type
Article
Publication Date
8-2008
Publication Source
Economics Letters
Abstract
This paper develops and empirically supports, using 3 and 6 month interest rates, a theory that political risk can explain the shifting term premia found in U.S. data. We find that incorporating these political regime shifts yield results that support the expectations hypothesis.
Inclusive pages
178–180
ISBN/ISSN
0165-1765
Copyright
Copyright © 2008, Elsevier
Publisher
Elsevier
Volume
100
Peer Reviewed
yes
Issue
2
eCommons Citation
Caporale, Barbara and Caporale, Tony, "Political Risk and the Expectations Hypothesis" (2008). Economics and Finance Faculty Publications. 58.
https://ecommons.udayton.edu/eco_fac_pub/58
COinS
Comments
Permission documentation is on file.