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Keywords: Slope
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Journal Articles
Journal:
Studies in Economics and Finance
Studies in Economics and Finance (2016) 33 (3): 417–436.
Published: 01 August 2016
.... Design/methodology/approach The paper extracts the three Nelson–Siegel factors (level, slope and curvature) from the relative yield curve of Australia with the USA to predict changes in the bilateral exchange rate and excess returns on the Australian dollar. The full sample regressions allow for a shift...
