Download or read book Long and Short term Interest Rates an Econometric Study written by J. L. Ford and published by . This book was released on 1967 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Long and Short Term Interest Rates written by James L. Ford and published by . This book was released on 1969 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Long and short term interest rates written by James L. Ford and published by . This book was released on 1969 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Long and Short term Interest Rates an Econometric Study by J L Ford and T written by James Lorne Ford and published by . This book was released on 1967 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Changes in the Relationship Between the Long Term Interest Rate and its Determinants written by Mr.William Lee and published by International Monetary Fund. This book was released on 1994-10-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the relative importance of alternative explanations for the rise in long-term interest rates in the United States from October 1993 to April 1994. Standard econometric models of the term structure are shown to have a structural break in the early 1980s. An important reason for this change in the traditional term structure relationship appears to be an increase in the responsiveness of long-term rates to changes in the stance of monetary policy. Augmented term structure models that explicitly incorporate the role of monetary policy in determining the level of long-term rates are then constructed. These models track variations in the long-term rate better than traditional term structure models, but still leave a significant fraction of the recent increase in long-term rates unexplained.

Download or read book Long and Short Term Rates written by James Lorne Ford and published by . This book was released on 1967 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Interest Rates and Stock Speculation written by Richard Norman Owens and published by . This book was released on 1925 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Introduction to Stochastic Processes and Their Applications written by Chin Long Chiang and published by Krieger Publishing Company. This book was released on 1980 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Random variables. Probability generating functions. Exponential-type distributions and maximum likelihood estimation. Branching process, random walk and ruin problem. Markov chains. Algebraic treatment of finite Markov chains. Renewal processes. Some stochastic models of population growth. A general birth process, an equality and an epidemic model. Birth-death processes and queueing processes. A simple illness-death process - fix-neyman processes. Multiple transition probabilities in the simple illness death process. Multiple transition time in the simple illness death process - an alternating renewal process. The kolmogorov differential equations and finite markov processes. Kolmogorov differential equations and finite markov processes - continuation. A general illness-death process. Migration processes and birth-illness-death processes.

Download or read book A Simple Account of the Behavior of Long term Interest Rates written by John Y. Campbell and published by . This book was released on 1983 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent empirical research on the term structure of interest rates has shown that the long-term interest rate is well described by adistributed lag on short-term interest rates, but does not conform to the expectations theory of the term structure. It has been suggested that the long rate "overreacts" to the short rate. This paper presents aunified taxonomy of risk premia, or deviations from the expectations theory. This enables the hypothesis of overreaction to be formally stated. It is shown that, if anything, the long rate has underreacted to the short rate. However, the independent movement of the long rate is primarily responsible for the failure of the expectations theory.

Download or read book A Ten Year Empirical Study to Determine the Linkage Between Short term Interest Rates and Major Financial and Economic Indicators in an Effort to Predict Short term Interest Rates written by Ralph Soberano and published by . This book was released on 1982 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book On Interest Rates and Asset Prices in Europe written by M. M. G. Fase and published by Edward Elgar Publishing. This book was released on 1999 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting 25 years of empirical research on interest rates and a variety of asset prices, this text aims to deepen understanding of asset price inflation. It includes an analysis of the measurement of interest rates, with case studies from The Netherlands, Belgium and EMU, and emphasizes statistical measurement and the attempt to understand interest rate behaviour through statistical estimation. The text also includes an examination of historical interest rate development in the long run, both theoretically and empirically. The behaviour of bonds, stocks, and investment in art are analyzed, as well as the factors indispensable for a monetary strategy designed to target inflation.

Download or read book Short Term and Long Term Interest Rates in a Monetary Model of a Small Open Economy written by Stephen J. Turnovsky and published by . This book was released on 1987 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the effects of both anticipated and unanticipated monetary and fiscal disturbances, on the dynamic behavior of a monetary model of a small open economy. It focuses on the adjustment of the short-term and long-term interest rates and the divergence of their transitional paths, particularly in anticipation of these disturbances. The analysis demonstrates how anticipation of a future policy change can generate perverse short-run behavior. The essential reason for the divergence between the short and long rates is that the latter is dominated by long-term expectations, while the former is primarily determined by current influences

Download or read book Monetary Policy and Long Term Interest Rates written by Frederic S. Mishkin and published by . This book was released on 1980 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is an application of efficient markets theory to analyze empirically the relationship of money supply growth and long-term interest rates. This approach has the advantage over earlier research on this subject in that it imposes a theoretical structure on this relationship that allows easier interpretation of the empirical results as well as more powerful statistical tests. In the interest of ascertaining the robustness of the results, many different empirical tests are carried out in this paper, and they uniformly do not support the proposition that increases in the money supply are correlated with declines in long rates.

Download or read book An Inquiry Concerning Long term US Interest Rates Using Monthly Data written by Tanweer Akram and published by . This book was released on 2017 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financial Flow Variables and the Short run Determination of Long term Interest Rates written by Benjamin M. Friedman and published by . This book was released on 1975 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Long term and Short term Interest Rates in the United States written by Ary Lans Bovenberg and published by . This book was released on 1987 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Monetary Policy Rules written by John B. Taylor and published by University of Chicago Press. This book was released on 2007-12-01 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely volume presents the latest thinking on the monetary policy rules and seeks to determine just what types of rules and policy guidelines function best. A unique cooperative research effort that allowed contributors to evaluate different policy rules using their own specific approaches, this collection presents their striking findings on the potential response of interest rates to an array of variables, including alterations in the rates of inflation, unemployment, and exchange. Monetary Policy Rules illustrates that simple policy rules are more robust and more efficient than complex rules with multiple variables. A state-of-the-art appraisal of the fundamental issues facing the Federal Reserve Board and other central banks, Monetary Policy Rules is essential reading for economic analysts and policymakers alike.