2 posts on "discounting"
July 18, 2016
Forecasting Interest Rates over the Long Run
Tobias Adrian, Richard K. Crump, Peter A. Diamond, and Rui Yu
In a previous post, we showed how market rates on U.S. Treasuries violate the expectations hypothesis because of time-varying risk premia.
Posted at 7:00 am in Expectations, Financial Markets, Fiscal Policy, Forecasting, Household Finance, Inflation, Treasury | Permalink | Comments (1)
August 31, 2015
Discounting the Long Run
Tobias Adrian, Richard K. Crump, Peter A. Diamond, and Rui Yu
Expectations about the path of interest rates matter for many economic decisions.