EconPapers    
Economics at your fingertips  
 

Recession Risk and the Excess Bond Premium

Giovanni Favara (), Simon Gilchrist (), Kurt Lewis () and Egon Zakrajsek ()

FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Corporate bond spreads and the slope of the Treasury yield curve (that is, the term spread) are two financial indicators that are especially informative about the likelihood of an economic downturn over a medium-term horizon.

New Economics Papers: this item is included in nep-mac
Date: 2016-04-08
References: Add references at CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed

Downloads: (external link)
https://www.federalreserve.gov/econresdata/notes/f ... remium-20160408.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2016-04-08

Ordering information: This working paper can be ordered from
http://www.federalre ... /feds/fedsorder.html

DOI: 10.17016/2380-7172.1739

Access Statistics for this paper

More papers in FEDS Notes from Board of Governors of the Federal Reserve System (U.S.) Contact information at EDIRC.
Bibliographic data for series maintained by Ryan Wolfslayer ().

 
Page updated 2019-07-11
Handle: RePEc:fip:fedgfn:2016-04-08