Yield Spread as a Leading Indicator of Real Economic Activity : An Empirical Exercise on the Indian Economy

An Empirical Exercise on the Indian Economy

Yield Spread as a Leading Indicator of Real Economic Activity : An Empirical Exercise on the Indian Economy
There is growing evidence that the yield spread could serve as a leading indicator of real economic activity. This paper is an attempt to test this hypothesis for the Indian economy by relating movements in the yield spread in the government securities market to movements in the index of industrial production. The results show that yield spread... READ MORE...

Publication date: May 2002
ISBN 9781451851526
$15.00

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