IDEAS home Printed from https://ideas.repec.org/a/bas/econth/y2023i2p220-229.html
   My bibliography  Save this article

US Federal Reserve Rate and Solar Activity (1955-2022): Proof of Strong Correlations

Author

Listed:
  • Vladimir Belkin

Abstract

The report uses a methodological approach founded by Jevons and Chizhevskij. The years of solar cycles have been numbered according to the order established in the astrophysics of the un, then grouped and compared with the arithmetic averages of effective rates for US federal funds. Grouping statistical data by serial numbers of years of solar activity cycles has made it possible to construct a function of effective rates on federal funds (dependent variable) and serial numbers of years of the average solar activity cycle (independent variable) with correlation coefficients on its four segments close to 1 (0.99499269, -0.998464195, 0.986985363, -0.996221106). This function enables predicting the values of the effective interest rate on US federal funds in subsequent years. It follows that in 2023 this rate will increase to 1.996%.

Suggested Citation

  • Vladimir Belkin, 2023. "US Federal Reserve Rate and Solar Activity (1955-2022): Proof of Strong Correlations," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 220-229.
    • Handle: RePEc:bas:econth:y:2023:i:2:p:220-229
    as

    Download full text from publisher

    File URL: https://etj.iki.bas.bg/storage/app/uploads/public/647/e43/2d6/647e432d6163b470741789.pdf
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bas:econth:y:2023:i:2:p:220-229. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Diana Dimitrova (email available below). General contact details of provider: https://edirc.repec.org/data/ikbasbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.