The risk-free U.S. bond rate: errors in construction and use in econometric work

Timothy Q. Cook and Patric Hendershott

No 77-03, Working Paper from Federal Reserve Bank of Richmond

Abstract: Observed differentials among yield series for different types of long-term instruments--U.S. government bonds, municipal bonds, corporate bonds and residential mortgages--vary considerably over time.

Keywords: Bonds; Econometrics; Finance, Public (search for similar items in EconPapers)
Date: 1977
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.richmondfed.org/publications/research/working_papers/1977/wp_77-3.cfm (text/html)
https://fraser.stlouisfed.org/files/docs/historica ... p/frbrich_wp77-3.pdf (application/pdf)

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:fedrwp:77-03

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Paper from Federal Reserve Bank of Richmond Contact information at EDIRC.
Bibliographic data for series maintained by Christian Pascasio ().