Author: Joseph W. ConardPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 168
Book Description
The Behavior of Interest Rates
Author: Joseph W. ConardPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 168
Book Description
The Cyclical Behavior of the Term Structure of Interest Rates
Author: Reuben A. KesselPublisher:
ISBN:
Category : Interest
Languages : en
Pages : 113
Book Description
Changes in the Cyclical Behavior of Interest Rates
Author: Phillip CaganPublisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 32
Book Description
Behavior Of Interest Rates
Author: Richard RollPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 168
Book Description
The Behavior of Interest Rates: a Progress Report, by Joseph W. Conard
Author: Joseph W. ConardPublisher:
ISBN:
Category : Interest
Languages : en
Pages : 0
Book Description
Riding the Yield Curve: Risk Taking Behavior in a Low Interest Rate Environment
Author: Mr.Ralph ChamiPublisher: International Monetary Fund
ISBN: 1513531867
Category : Business & Economics
Languages : en
Pages : 26
Book Description
Investors seek to hedge against interest rate risk by taking long or short positions on bonds of different maturities. We study changes in risk taking behavior in a low interest rate environment by estimating a market stochastic discount factor that is non-linear and therefore consistent with the empirical properties of cashflow valuations identified in the literature. We provide evidence that non-linearities arise from hedging strategies of investors exposed to interest rate risk. Capital losses are amplified when interest rates increase and risk averse investors have taken positions on instruments with longer maturity, expecting instead interest rates to revert back to their historical average.
International Convergence of Capital Measurement and Capital Standards
Author: Publisher: Lulu.com
ISBN: 9291316695
Category : Bank capital
Languages : en
Pages : 294
Book Description
Changes in the Cyclical Behavior of Interest Rates
Author: Phillip CaganTerm 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.
Author: Burton Gordon Malkiel