Jump to ContentJump to Main Navigation

You are looking at 1-7 of 7 items

  • Keywords: nominal interest rate x
Clear All Modify Search

View:

The Economics of the Term Structure of Interest Rates

Claus Munk

in Fixed Income Modelling

Published in print:
2011
Published Online:
September 2011
ISBN:
9780199575084
eISBN:
9780191728648
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199575084.003.0005
Subject:
Economics and Finance, Financial Economics

The issuer of a bond is borrowing money from the holder of the bond and promises to pay back the loan according to a predefined payment scheme. An individual who has a clear preference for current ... More


The HRL Formulation and Nominal Interest Rates

Eric Barthalon

in Uncertainty, Expectations, and Financial Instability: Reviving Allais's Lost Theory of Psychological Time

Published in print:
2014
Published Online:
November 2015
ISBN:
9780231166287
eISBN:
9780231538305
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231166287.003.0008
Subject:
Economics and Finance, Behavioural Economics

This chapter extends the field of application of the theory of psychological time and memory decay to nominal interest rates by looking at their correlation with the perceived rate of nominal growth ... More


The Economics of the Term Structure of Interest Rates

Claus Munk

in Financial Asset Pricing Theory

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199585496
eISBN:
9780191751790
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199585496.003.0011
Subject:
Economics and Finance, Econometrics

This chapter focuses on the consequences of general asset pricing theory for the pricing of bonds and for the term structure of interest rates implied by bond prices. After a short introduction to ... More


Monetary Policy Rules, the Fiscal Theory of the Price Level, and (Almost) All that Jazz: In Quest of Simplicity

Leonardo Auernheimer

in Money, Crises, and Transition: Essays in Honor of Guillermo A. Calvo

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262182669
eISBN:
9780262282284
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262182669.003.0004
Subject:
Economics and Finance, Econometrics

This chapter presents a simple continuous-time model with microeconomic foundations and uses it to analyze some of the questions related to the fiscal theory of the price level (FTPL) and to a policy ... More


Uncertainty, Expectations, and Financial Instability: Reviving Allais's Lost Theory of Psychological Time

Eric Barthalon

Published in print:
2014
Published Online:
November 2015
ISBN:
9780231166287
eISBN:
9780231538305
Item type:
book
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231166287.001.0001
Subject:
Economics and Finance, Behavioural Economics

This book applies the neglected theory of psychological time and memory decay of Nobel Prize–winning economist Maurice Allais (1911–2010) to model investors' psychology in the present context of ... More


Politics, Independence, and Retirees: Long-term Low Interest Rates at the US Federal Reserve

Peter Conti-Brown

in How Persistent Low Returns Will Shape Saving and Retirement

Published in print:
2018
Published Online:
October 2018
ISBN:
9780198827443
eISBN:
9780191866296
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198827443.003.0002
Subject:
Business and Management, Pensions and Pension Management

Until recently, it was widely believed that central banks must protect people from their own worst instincts: the populace demands easy money and low interest rates, and a politically sensitive ... More


Framework

Stefan Homburg

in A Study in Monetary Macroeconomics

Published in print:
2017
Published Online:
August 2017
ISBN:
9780198807537
eISBN:
9780191845451
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198807537.003.0002
Subject:
Economics and Finance, Macro- and Monetary Economics

Chapter 2 sets out the basic framework. It considers an economy evolving indefinitely in discrete time, with producers, consumers, and a central bank as principal actors. Individuals plan over finite ... More


View: