A Hicksian link between inflation and the term structure
|Title:||A Hicksian link between inflation and the term structure||Authors:||Honohan, Patrick||Permanent link:||http://hdl.handle.net/10197/1438||Date:||Sep-1987||Abstract:||Hicks suggested that a "constitutional weakness" at the long end of the bond market causes long yields to exceed short yields on average. This note argues that such a weakness would be accentuated by inflation and provides supportive empirical evidence.||Type of material:||Working Paper||Publisher:||University College Dublin. School of Economics||Series/Report no.:||UCD Centre for Economic Research Working Paper Series; No. 51||Subject LCSH:||Inflation (Finance)--Econometric models||Language:||en||Status of Item:||Not peer reviewed|
|Appears in Collections:||Economics Working Papers & Policy Papers|
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