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term premiacanadian termterm structurepremia canadianstructure ratesexpectations hypothesishypothesis termconditional variancesmacroeconomic variablesrates expectationsrates forecastforecast comparisoncomparison residentialresidential housinghousing pricesprices parametricparametric versusversus semiparametricsemiparametric conditionalconditional meanmean estimatorsestimators paperpaper monthlymonthly datadata usedused periodperiod examineexamine determinantsdeterminants termpremia implicitimplicit canadianrates sharpsharp contrastcontrast evidenceevidence conditionalvariances canadiancanadian macroeconomicvariables insignificantinsignificant predictorspredictors termstructure conditionalvariances macroeconomicvariables importantimportant determinantsdeterminants canadianpremiayield curve1960 1995hedonischer preisindexhedonic price indexreal estate priceestimation theory
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