The Determinants of U.S. Treasury Bill Rates: An Approach Based on A Vector Autoregressive Model (VAR)
This dissertation examines the determinants of U.S. Treasury bill rates based on vector autoregressions for the period 1959-2009. Our main conclusions are: (1) monetary base, inflation rate and output affect the dynamics of Treasury bill rates and those results are consistent with the theory in rega...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2009
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| Online Access: | https://eprints.nottingham.ac.uk/22844/ |