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

Malkiel, Burton Gordon

Softcover

ISBN 10: 0691623619 ISBN 13: 9780691623610

Publisher: Princeton University Press, 2015

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 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.

About this title

About the Author

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.

Edition details

• Publisher: Princeton University Press
• Publication date: 2015
• ISBN 10: 0691623619
• ISBN 13: 9780691623610
• Binding: Paperback
• Language: English
• Number of pages: 294