Term Structure of Interest Rates: Expectations and Behavior Patterns (Princeton Legacy Library) - Couverture souple

Malkiel, Burton Gordon

 
9780691623610: Term Structure of Interest Rates: Expectations and Behavior Patterns (Princeton Legacy Library)

Synopsis

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 paperback editions preserve the original texts of these important books while presenting them in durable paperback 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.

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Présentation de l'éditeur

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 paperback editions preserve the original texts of these important books while presenting them in durable paperback 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.

Biographie de l'auteur

Malkiel holds the Chemical Bank Chairman's Professorship at Princeton University. He serves as a governor on the American Stock Exchange and was a member of the Council of Economic Advisers. He currently sits on the boards of several major corporations.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Autres éditions populaires du même titre

9780691650258: Term Structure of Interest Rates: Expectations and Behavior Patterns

Edition présentée

ISBN 10 :  069165025X ISBN 13 :  9780691650258
Editeur : Princeton University Press, 2016
Couverture rigide