Information of interest

In this article, we present a method of generating interest rate dynamics from elementary economic considerations. There are of course numerous economic factors that affect the movement of interest rates, and causal relations that hold between these factors are often difficult to disentangle. So, rather than attempting to address a range of factors simultaneously, we will focus on one factor important in determining the interest rate term structure, namely the liquidity risk, in the narrow sense

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: