Author: Kenneth Jay WallacePublisher:
ISBN:
Category : Interest
Languages : en
Pages : 126
Book Description
A Critical Evaluation of the Expectations Hypothesis of the Term Structure of Interest Rates
Author: Kenneth Jay WallacePublisher:
ISBN:
Category : Interest
Languages : en
Pages : 126
Book Description
The Term Structure of Interest Rates
Author: Frank J. BonelloPublisher:
ISBN:
Category : Interest and usury
Languages : en
Pages : 300
Book Description
The Term Structure of Interest Rates
Author: R. S. MaseraPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
Book Description
An Analysis of the Term Structure of Interest Rates: the Expectations Hypothesis Theory in the U.K.
Author: Erdenebat BataaTerm Structure of Interest Rates
Author: Burton Gordon MalkielPublisher: Princeton University Press
ISBN: 1400879787
Category : Business & Economics
Languages : en
Pages : 294
Book Description
Can expectations alone explain the yield differentials among bonds of different maturities? To what extend do attitudes toward risk and transactions costs influence the behavior of bond investors? Is it possible for the Federal Reserve to "twist" the interest-rate structure in accordance with its policy objectives? These are among the questions treated. Originally published in 1966. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
The Term Structure of Interest Rates
Author: David MeiselmanPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 96
Book Description
Analysis of the Term Structure of Interest Rates: the Expectations Theory
Author: Jing ChenTesting the Expectations Hypothesis when Interest Rates are Near Integrated
Author: Meredith J. BeecheyPublisher:
ISBN:
Category : Data mining
Languages : en
Pages : 42
Book Description
"Nominal interest rates are unlikely to be generated by unit-root processes. Using data on short and long interest rates from eight developed and six emerging economies, we test the expectations hypothesis using cointegration methods under the assumption that interest rates are near integrated. If the null hypothesis of no cointegration is rejected, we then test whether the estimated cointegrating vector is consistent with that suggested by the expectations hypothesis. The results show support for cointegration in ten of the fourteen countries we consider, and the cointegrating vector is similar across countries. However, the parameters differ from those suggested by theory. We relate our findings to existing literature on the failure of the expectations hypothesis and to the role of term premia"--Federal Reserve Board web site.
The Formulation of Expected Interest Rates
Author: Frank J. BonelloPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 128
Book Description
Term structure, expectations hypothesis, and decision making; Expectations mechanisms; Implications of the expectations mechanisms; Empirical analysis; Conclusion & implications.
Author: