Honohan, PatrickPatrickHonohan2009-09-252009-09-251987-09198751http://hdl.handle.net/10197/1438Hicks 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.409386 bytesapplication/pdfenInflation (Finance)--Econometric modelsWorking Paperhttps://creativecommons.org/licenses/by-nc-sa/1.0/