The Level and Volatility of Interest Rates in the United States: The Roles of Expected Inflation, Real Rates, and Taxes
收藏数据链接:
官方服务:
资源简介:
This paper attempts to demonstrate a need to expand the simple Fisherian view whereby changes in interest rates are explained largely by changes in expected inflation. It presents and tests a model of expected, after-tax real interest rate behavior which, together with a group of explanatory
提供机构:
美国国家经济研究局创建时间:
1983-07-01



