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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book analyzes the term structure of interest rates in a real business cycle (RBC) environment. Building on the neoclassical one-good growth model, the author employs a numerical examination to explore the term structure's behavior over an artificial economy's business cycle. The book considers the shape of the yield curve, conditional and average term structures, the information content of the yield curve, and the impact of shifts in the economy's underlying parameters. The author shows that the shape of the yield curve is cyclical, changing as the economy moves between different states. Additionally, the book examines the efficiency of the yield curve in predicting future interest rates, suggesting that forward rates may not be reliable forecasters. Lastly, the author explores how changes in the economy's structure, such as alterations in time preferences or attitudes toward risk, affect the yield curve. The book contributes to the understanding of the relationship between interest rates and the real economy, providing insights that are relevant to investors, economists, and policymakers interested in financial markets and macroeconomic phenomena. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781334476242_0
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Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334476242
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Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334476242
Quantité disponible : 15 disponible(s)