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- W2029019265 abstract "This paper employs the term structure approach to examine Mexican security markets during the recent period of political and economic turmoil. We investigate the characteristics of these markets and the forecast applicability of the pure expectations hypothesis to interest rates in Mexico. We find that both forward rates and spot rate spreads are found to have significant forecasting ability for future spot rates for Mexico. Both forecasting approaches suggest greater predictive ability during the period of higher interest rates and general economic volatility (1995–1996) than the more stable economic environment of the early 1990s (1991–1994)." @default.
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- W2029019265 date "1999-04-01" @default.
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- W2029019265 title "The information in the Mexican term structure of interest rates: capital market implications" @default.
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- W2029019265 doi "https://doi.org/10.1016/s1042-4431(99)00004-9" @default.
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