Term Structure of Interest Rates: Expectations and Behavior Patterns


Hardcover
Paperback
- Price:
- $50.00/£42.00
- ISBN:
- Published:
- Dec 8, 2015
- Copyright:
- 1966
- Pages:
- 294
- Size:
- 6 x 9.25 in.
ebook (PDF via app)
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.
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