Showing 1 - 6 of 6
This paper sets out a methodology for analyzing high real interest rates in developing and traditional economies.
Persistent link: https://www.econbiz.de/10005198653
The effects of open market operations and long versus short bond financing on risk in financial markets in a stochastically growing economy are studied. An increase in short bonds, resulting from exchanging long bonds, increases the riskiness of long bonds and raises their real rate of return....
Persistent link: https://www.econbiz.de/10005775290
This paper sorts out competing explanations of high real interest rates and banking crises in open economies.
Persistent link: https://www.econbiz.de/10005618461
This paper sets out a methodology for analyzing high real interest rates in developing and traditional economies.
Persistent link: https://www.econbiz.de/10005618487
The effects of open market operations and long versus short bond financing on risk in financial markets in a stochastically growing economy are studied. An increase in short bonds, resulting from exchanging long bonds, increases the riskiness of long bonds and raises their real rate of return....
Persistent link: https://www.econbiz.de/10005432269
This paper sorts out competing explanations of high real interest rates and banking crises in open economies.
Persistent link: https://www.econbiz.de/10005432287