Anmerkungen:
In: BIS Quarterly Review, June 2007
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 1, 2007 erstellt
Beschreibung:
We review the concept of the term premium, examine alternative methods used to estimate it and discuss some of the challenges encountered in such efforts. We also explain how survey forecasts could be useful for providing an informal, model-free cross-check on simple regression-based forecasting models of term premia and for formal estimation of flexibly specified no-arbitrage models