• openAccess   The Predictive power of the yield curve: evidence from Spain 

      Tur Fernández, Sonia Universitat Jaume I (2023-06-05)
      The slope of the yield curve has been mentioned as a leading economic indicator of the economy’s path in the future. Thus, an inversion of the curve has been interpreted as a sign of a future recession. Over the last ...
    • openAccess   The Term Structure as a Predictor of Real Economic Activity 

      Traver Ortells, Oriol Universitat Jaume I (2021-06-15)
      The inversion of the yield curve is interpreted by financial markets as the prelude to a forthcoming economic recession. The predictive ability of this economic instrument to predict future growth rates of real economic ...