workingPaper
La curva de rendimientos como predictor de expectativas macroeconómicas
Fecha
2007Registro en:
0124-4396
Autor
Rojas Rodríguez, Juan Camilo
Institución
Resumen
The search of information based on different tools that the financial market have developed, have converted to the term structure in one of the most used. Different authors around the world have tried to
obtain information from the term structure to forecast the behavior of many macroeconomic variables like inflation and production. The evidence founded has been wide but opposed, in some cases. On the local literature, few authors has been interesed on investigate the behavior of the term structure like tool
for forecast the evolution of local macroeconomic variables. A possible explanation for this apathy can be the recent development of the financial market that do not make possible have long database with high data quality. However, the evidence obtained on this works has been valuable.