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Journal Articles
Journal of Korea Trade (2016) 20 (3): 259–280.
Published: 12 September 2016
... be a linkage transmitting shocks, and therefore lead to the longer overlapped recessions related to the H3 . Based on this economic intuition, we can hypothesize the change in conditional correlations as follows: Term spread Conditional correlation Recession forecasting F3 F6...

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