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 ...

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

This article examines the rationality of forecasts of 11 macroeconomic variables. Among the nonstationary series, only surveys of housing starts, the unemployment rate, and the trade balance are ...

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 ...

The regression results of our study suggest that except interest rate, none of the macroeconomic variables has statistically significant influence on the performance of non-life insurance companies.

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 ...

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 ...

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 ...