RDP 2008-09: A Term Structure Decomposition of the Australian Yield Curve
Equation (A6)
B
−
x
D
=
(
x
1
−
x
D
)
λ
1
+
⋯
+
(
x
D
−
1
−
x
D
)
λ
D
−
1
+
ε
.
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaCOqaiabgkHiTiaahIhadaWgaaWcbaGaaCiraaqabaGccqGH9aqpdaqadaqaaiaahIhadaWgaaWcbaGaaGymaaqabaGccqGHsislcaWH4bWaaSbaaSqaaiaahseaaeqaaaGccaGLOaGaayzkaaGaeq4UdW2aaSbaaSqaaiaaigdaaeqaaOGaey4kaSIaeS47IWKaey4kaSYaaeWaaeaacaWH4bWaaSbaaSqaaiaahseacqGHsislcaaIXaaabeaakiabgkHiTiaahIhadaWgaaWcbaGaaCiraaqabaaakiaawIcacaGLPaaacqaH7oaBdaWgaaWcbaGaamiraiabgkHiTiaaigdaaeqaaOGaey4kaSIaeqyTduMaaiOlaaaa@5735@