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Optimal estimation of multi-country Gaussian dynamic term structure models using linear regressions / by Antonio Diez de los Rios.FB3-5/2017-33E-PDF

"This paper proposes a novel asymptotic least-squares estimator of multi-country Gaussian dynamic term structure models that is easy to compute and asymptotically efficient, even when the number of countries is relatively large - a situation in which other recently proposed approaches lose their tractability. We illustrate our estimator within the context of a seven-country, 10-factor term structure model."--Abstract, p. ii.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.842860&sl=0

Publication information
Department/Agency
  • Bank of Canada.
TitleOptimal estimation of multi-country Gaussian dynamic term structure models using linear regressions / by Antonio Diez de los Rios.
Series title
  • Bank of Canada staff working paper, 1701-9397 ; 2017-3
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • "July 2017."
  • Includes bibliographical references.
  • Includes abstract in French.
Publishing information
  • [Ottawa] : Bank of Canada, 2017.
Author / Contributor
  • Diez de los Rios, Antonio.
Description[45] p.
Catalogue number
  • FB3-5/2017-33E-PDF
Subject terms
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