Term structure of interest rates: expectations and behavior patterns
Auteur :
Malkiel, Burton Gordon
Éditeur :
Princeton University Press
ISBN :
9780691623610
Date de publication :
8 déc. 2015
Dimensions :
23,5 x 15,2 cm
Poids :
397 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
USA
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 tre