Macroeconomics studies an overall economy or market system, its behaviors, the factors that drive it, and how to improve its performance.

Learn how economic equilibrium balances market forces, the different types of equilibrium, and its applications in real-world scenarios for better financial insights.

Therefore, one would expect macroeconomic variables and modeling exercises to be quite informative in explaining and forecasting the yield-curve movements. However, until very recently, standard ...

Following the emergence of money velocity accelerators (CDOs and CPDOs), we have been insisting ad nauseam about the importance of credit as a macroeconomic variable, as in the spirit of the Financial ...

In this speech, I will lay out a path to modeling macrofinancial dynamics using a recent approach that I have worked on, and illustrate the usefulness of this avenue with a term structure application.

Abstract. This study investigates the cross-sectional variation in equity real estate investment trusts (EREITs) returns. A pooled cross-sectional, time-series approach is used as an alternative to ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation In recent years, term premia have been very low and sometimes even negative. Now, with the United States economy growing ...

This paper investigates the relation between housing starts and macroeconomic variables in Turkey from 1961 to 2000. The generalized variance decomposition approach is used to examine relations ...