A Simple Account of the Behavior of Long-Term Interest Rates
收藏NBER1983-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1203
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资源简介：
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
提供机构：
美国国家经济研究局
创建时间：
1983-09-01
