Economics & Finance

Term Structure of Interest Rates: Expectations and Behavior Patterns

Hardcover

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Sale Price:
$65.00/拢54.50
Price:
$130.00/拢109.00
ISBN:
Published:
Apr 19, 2016
1966
Pages:
294
Size:
6 x 9.25 in.

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 鈥渢wist鈥 the interest-rate structure in accordance with its policy objectives? These are among the questions treated.

Originally published in 1966.

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