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Term Structure of Interest Rates: Expectations and Behavior Patterns
Hardcover
Series: Princeton Legacy Library, Book 1927
ISBN13: 9780691650258
Publisher: Princeton Univ Pr
Published: Apr 19 2016
Pages: 294
Weight: 1.30
Height: 0.69 Width: 6.14 Depth: 9.21
Language: English
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 1905.1 different editions
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