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Original Articles

How does yield curve predict GDP growth? A macro-finance approach revisited

Pages 929-933 | Published online: 27 Sep 2011

References

  • Ang , A. , Piazzesi , M. and Wei , M. 2006 . What does the yield curve tell us about GDP growth? . Journal of Econometrics , 131 : 359 – 403 .
  • Campbell , J. Y. and Shiller , R. J. 1987 . Cointegration and tests of present value models . Journal of Political Economy , 95 : 1062 – 88 .
  • Harvey , D. I. , Leybourne , S. J. and Newbold , P. 1998 . Tests for forecast encompassing . Journal of Business and Economic Statistics , 16 : 254 – 9 .
  • Hayashi , F. 2000 . Econometrics , Princeton, NJ : Princeton University Press .
  • Stock , J. H. and Watson , M. W. 2003 . Forecasting output and inflation the role of asset prices . Journal of Economic Literature , 41 : 788 – 829 .

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