CFE Analysis | Finance

Professor Wright Makes a Movie

Professor Jonathan Wright, who teaches investments at the CFE, along with Refet Gurkaynak, of Bilkent University in Turkey, have recently branched out into the film industry, creating a yield curve movie showing some peculiar behavior of the term structure of interest rates during the recent crisis.

Ok, it may not be Citizen Kane, but we know fans of the CFE will still be on the edge of their seats on Oscar night.

The movie is an offshoot of their recent paper surveying cutting-edge thinking on the relation between the term structure of interest rates and the macroeconomy. Entitled “Macroeconomics and the Term Structure,” the paper is forthcoming in the prestigious Journal of Economic Literature.