Some recent research has suggested that macroeconomic variables, such as output and inflation, can improve interest rate forecasts. However, the evidence for this puzzling result is based on ...

By Tobias Adrian, Financial Counsellor, Director of the Monetary and Capital Markets Department Bank of Canada Conference on Advances in Fixed Income and Macro-Finance Research, Vancouver In this ...

Our results clearly show that a macroeconomic approach is warranted: While term premium estimates are in line with those from other studies, we provide (i) plausible, stable estimates of expected long ...

RBC Capital Market precious metals analyst Josh Wolfson has “outperform” ratings on Royal Gold Inc., Gold Fields Ltd., OR ...

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 ...

What Is an Economic Shock? An economic shock refers to any change to fundamental macroeconomic variables or relationships that has a substantial effect on macroeconomic outcomes and measures of ...

The study seeks to explore the extent to which macroeconomic variables affect the stock market behavior in the emerging market of Malaysia in the post 1997 financial crisis period, using the latest ...

Investors’ demand for safe assets tends to increase when there’s more uncertainty, as in recessions. Consistent with this idea, short-term movements in the natural rate of interest, or r-star, are ...