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Keywords: Monetary and interest rate policies
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Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2021) 29 (1): 2–28.
Published: 22 March 2021
... on the linkage between the monetary and interest rate policies and the term structure of interest rate. To decompose the term spread into its components, the term premium and the expectation on future short-term interest rates (risk-neutral expectation), we use the model of Adrian et al. (2013...

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