Expectations, Uncertainty and the Term Structure of Interest Rates
Published on 5. November 1992
Book
Hardback
336 pages
978-0-7512-0097-3 (ISBN)
Description
Provides a critical, analytical base for the major theories on the term structure of interest rates. The authors establish guidelines with which to subject individual theories to empirical evaluation, and provide a survey of the evidence to accompany the procedural aspects of the evaluation.
More details
Series
Edition
New edition
Language
English
Place of publication
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Professional and scholarly
Edition type
New edition
Dimensions
Height: 144 mm
Width: 223 mm
Weight
550 gr
ISBN-13
978-0-7512-0097-3 (9780751200973)
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Schweitzer Classification
Content
An overview of yield-to-maturity curves and theories of the term structure; the traditional or expectations theory of the term structure of interest rates; the meiselman hypothesis in theory and practice; the malkiel theory, its hypothesis and their empirical value; liquidity or risk premiums and the term structure of interest rates; on teh hedging pressure theory of the term structure; a perspective - suggestions for further research.