The Behavior of Interest Rates

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Author :
Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Behavior of Interest Rates by : Joseph W. Conard

Download or read book The Behavior of Interest Rates written by Joseph W. Conard and published by . This book was released on 1966 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Short-term Behavior of Interest Rates

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Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Short-term Behavior of Interest Rates by : Paolo Angelini

Download or read book The Short-term Behavior of Interest Rates written by Paolo Angelini and published by . This book was released on 1990 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Cyclical Behavior of the Term Structure of Interest Rates

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Publisher :
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis The Cyclical Behavior of the Term Structure of Interest Rates by : Reuben A. Kessel

Download or read book The Cyclical Behavior of the Term Structure of Interest Rates written by Reuben A. Kessel and published by . This book was released on 1965 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Riding the Yield Curve: Risk Taking Behavior in a Low Interest Rate Environment

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Publisher : International Monetary Fund
ISBN 13 : 1513531867
Total Pages : 26 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Riding the Yield Curve: Risk Taking Behavior in a Low Interest Rate Environment by : Mr.Ralph Chami

Download or read book Riding the Yield Curve: Risk Taking Behavior in a Low Interest Rate Environment written by Mr.Ralph Chami and published by International Monetary Fund. This book was released on 2020-03-13 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investors seek to hedge against interest rate risk by taking long or short positions on bonds of different maturities. We study changes in risk taking behavior in a low interest rate environment by estimating a market stochastic discount factor that is non-linear and therefore consistent with the empirical properties of cashflow valuations identified in the literature. We provide evidence that non-linearities arise from hedging strategies of investors exposed to interest rate risk. Capital losses are amplified when interest rates increase and risk averse investors have taken positions on instruments with longer maturity, expecting instead interest rates to revert back to their historical average.

A Simple Account of the Behavior of Long-term Interest Rates

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Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis A Simple Account of the Behavior of Long-term Interest Rates by : John Y. Campbell

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.

Long-term and Short-term Interest Rates

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Publisher :
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Long-term and Short-term Interest Rates by : Frank Walter Paish

Download or read book Long-term and Short-term Interest Rates written by Frank Walter Paish and published by . This book was released on 1967 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Three lectures in which the author puts forward a modification of keneysian theory of interest rates.

Term Structure of Interest Rates

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Publisher : Princeton University Press
ISBN 13 : 1400879787
Total Pages : 294 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Term Structure of Interest Rates by : Burton Gordon Malkiel

Download or read book Term Structure of Interest Rates written by Burton Gordon Malkiel and published by Princeton University Press. This book was released on 2015-12-08 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Term Structure of Interest Rates

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (882 download)

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Book Synopsis The Term Structure of Interest Rates by : Burton Gordon Malkiel

Download or read book The Term Structure of Interest Rates written by Burton Gordon Malkiel and published by . This book was released on 1966 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Changing Behavior of the Term Structure of Interest Rates

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis The Changing Behavior of the Term Structure of Interest Rates by : N. Gregory Mankiw

Download or read book The Changing Behavior of the Term Structure of Interest Rates written by N. Gregory Mankiw and published by . This book was released on 1985 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: We reexamine the expectations theory of the term structure using data at the short end of the maturity spectrum. We find that prior to the founding ofthe Federal Reserve System in 1915, the spread between long rates and short rates has substantial predictive power for the path of interest rates; after 1915, however, the spread contains much less predictive power. We then show that the short rate is approximately a random walk after the founding of the Fed but not before. This latter fact, coupled with even slight variation inthe term premium, can explain the observed change in 1915 in the performance of the expectations theory. We suggest that the random walk character of the short rate may be attributable to the Federal Reserve's commitment to stabilizing interest rates.

Long-Terma and Short-Term Interest Rates in the United Kingdom

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Publisher : Manchester University Press
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4./5 ( download)

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Book Synopsis Long-Terma and Short-Term Interest Rates in the United Kingdom by : Frank Walter Paish

Download or read book Long-Terma and Short-Term Interest Rates in the United Kingdom written by Frank Walter Paish and published by Manchester University Press. This book was released on with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Behavior Of Interest Rates

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Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Behavior Of Interest Rates by : Richard Roll

Download or read book Behavior Of Interest Rates written by Richard Roll and published by . This book was released on 1970-11-11 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Modeling the Term Structure of Interest Rates

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Publisher : Now Publishers Inc
ISBN 13 : 1601983727
Total Pages : 171 pages
Book Rating : 4.6/5 (19 download)

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Book Synopsis Modeling the Term Structure of Interest Rates by : Rajna Gibson

Download or read book Modeling the Term Structure of Interest Rates written by Rajna Gibson and published by Now Publishers Inc. This book was released on 2010 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modeling the Term Structure of Interest Rates provides a comprehensive review of the continuous-time modeling techniques of the term structure applicable to value and hedge default-free bonds and other interest rate derivatives.

Global Corporate Finance: A Focused Approach (Third Edition)

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Publisher : World Scientific
ISBN 13 : 9811207445
Total Pages : 428 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Global Corporate Finance: A Focused Approach (Third Edition) by : Kenneth A Kim

Download or read book Global Corporate Finance: A Focused Approach (Third Edition) written by Kenneth A Kim and published by World Scientific. This book was released on 2019-11-28 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Corporate Finance, 3rd edition written by a son-father team, introduces students and practitioners to principles essential to the understanding of global financial problems and the policies that global business managers contend with. The objective of this book is to equip current and future business leaders with the tools they need to interpret the issues, to make sound global financial decisions, and to manage the wide variety of risks that modern businesses face in a competitive global environment. In line with its objective, the book stresses practical applications in a concise and straightforward manner, without complex treatment of theoretical concepts. Instructors who want students to possess practical, job-oriented skills in international finance will find this unique textbook ideal for their needs. Suitable for both undergraduate- and graduate-level courses in international finances, this book is clearly the 'go-to' book on one of the most important aspects of corporate finance.Supplementary materials are available to instructors who adopt this textbook.These include:

International Convergence of Capital Measurement and Capital Standards

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Publisher : Lulu.com
ISBN 13 : 9291316695
Total Pages : 294 pages
Book Rating : 4.2/5 (913 download)

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Book Synopsis International Convergence of Capital Measurement and Capital Standards by :

Download or read book International Convergence of Capital Measurement and Capital Standards written by and published by Lulu.com. This book was released on 2004 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Corporate Finance

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Publisher : World Scientific Publishing Company
ISBN 13 : 9813108096
Total Pages : 432 pages
Book Rating : 4.8/5 (131 download)

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Book Synopsis Global Corporate Finance by : Kenneth A Kim

Download or read book Global Corporate Finance written by Kenneth A Kim and published by World Scientific Publishing Company. This book was released on 2011-04-27 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Corporate Finance: A Focused Approach introduces students to basic principles of international corporate finance. The book stresses practical applications in a user-friendly format and is hence suitable for both undergraduate and graduate level courses in international finance. A self-contained book combining theory and applications, the text can be used in any part of the world as it takes a global viewpoint. Students will be exposed to key tools and techniques of global corporate finance without a complex treatment of theoretical financial concepts. A test bank and powerpoint slides are available upon request for all instructors who adopt this book as a course text. Please send your request to [email protected].

Study Paper[s].

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Publisher :
ISBN 13 :
Total Pages : 1736 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Study Paper[s]. by : United States. Congress. Joint Economic Committee

Download or read book Study Paper[s]. written by United States. Congress. Joint Economic Committee and published by . This book was released on 1959 with total page 1736 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Seasonal Movements of Exchange Rates and Interest Rates Under the Pre-World War I Gold Standard

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Author :
Publisher : Routledge
ISBN 13 : 1351717057
Total Pages : 238 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Seasonal Movements of Exchange Rates and Interest Rates Under the Pre-World War I Gold Standard by : Ellen Foster

Download or read book Seasonal Movements of Exchange Rates and Interest Rates Under the Pre-World War I Gold Standard written by Ellen Foster and published by Routledge. This book was released on 2017-04-21 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1994. This work investigates seasonal fluctuations of US and British short term nominal interest rates, the dollar-sterling exchange rate and short term interest rate differentials between the US and Britain during the period 1883-1913. It finds that during the pre-World War Gold Standard seasonal movements in exchange rates did not tend to offset the seasonal fluctuations in interest rate differentials. It presents a model to explain the fluctuations and outlines two specific empirical investigations, considering the results in the light of more recent historical periods as well.