The yield curve as a forecasting tool : does the yield spread predict recessions in South Africa?
This paper examines the ability of the yield curve to predict recessions in South Africa, and compares its predictive power with other commonly used variables that include the growth rate in real money supply, changes in stock prices and the index of leading economic indicators. The study also makes...
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| Format: | Others |
| Language: | English |
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Rhodes University
2006
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| Online Access: | http://hdl.handle.net/10962/d1004722 |