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Expectations at the Short End of the Yield Curve: An Application of Macaulay's Test

In: Essays on Interest Rates, Volume 2

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  • Thomas Sargent

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  • Thomas Sargent, 1971. "Expectations at the Short End of the Yield Curve: An Application of Macaulay's Test," NBER Chapters, in: Essays on Interest Rates, Volume 2, pages 391-412, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:4004
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    References listed on IDEAS

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    1. Joseph W. Conard, 1966. "The Behavior of Interest Rates: A Progress Report," NBER Books, National Bureau of Economic Research, Inc, number cona66-1, July.
    2. Phillip Cagan, 1971. "Changes in the Cyclical Behavior of Interest Rates," NBER Chapters, in: Essays on Interest Rates, Volume 2, pages 3-34, National Bureau of Economic Research, Inc.
    3. Rodney Dobell & Thomas Sargent, 1969. "The Term Structure of Interest Rates in Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 2(1), pages 65-77, February.
    4. Reuben A. Kessel, 1965. "The Cyclical Behavior of the Term Structure of Interest Rates," NBER Books, National Bureau of Economic Research, Inc, number kess65-1, July.
    5. Phillip Cagan, 1966. "Introduction to "Changes in the Cyclical Behavior of Interest Rates"," NBER Chapters, in: Changes in the Cyclical Behavior of Interest Rates, pages 1-3, National Bureau of Economic Research, Inc.
    6. John H. Wood, 1964. "The Expectations Hypothesis, the Yield Curve, and Monetary Policy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 78(3), pages 457-470.
    7. Frederick R. Macaulay, 1938. "Some Theoretical Problems Suggested by the Movements of Interest Rates, Bond Yields and Stock Prices in the United States since 1856," NBER Books, National Bureau of Economic Research, Inc, number maca38-1, July.
    8. Phillip Cagan, 1966. "Changes in Cyclical Behavior," NBER Chapters, in: Changes in the Cyclical Behavior of Interest Rates, pages 3-11, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Robert J. Shiller, 1980. "Can the Fed Control Real Interest Rates?," NBER Chapters, in: Rational Expectations and Economic Policy, pages 117-167, National Bureau of Economic Research, Inc.

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