A Hicksian link between inflation and the term structure

Files in This Item:
File Description SizeFormat 
wp87_51.pdf399.79 kBAdobe PDFDownload
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
Subject LCSH: Inflation (Finance)--Econometric models
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

Show full item record

Page view(s) 50

90
checked on May 25, 2018

Download(s) 50

18
checked on May 25, 2018

Google ScholarTM

Check


This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.