A Modern Look At Asset Pricing and Short-Term Interest Rates
收藏NBER1990-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w3245
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资源简介:
This paper uses modern asset pricing theory to examine the behavior of short-term nominal interest rates over the past 25 years. The analysis investigates whether variation in the stochastic behavior of output and inflation can explain movements in the rate of interest. Our results reveal that much
提供机构:
美国国家经济研究局
创建时间:
1990-01-01



