The Theory of Interest Rates. London: Macmillan.Fisher, I. (1930), The Theory of Interest Rate, New York: MacmillanSmithin, J. (2005), The Theory of Interest Rate, Toronto: York University.Fisher, I. (1930). The theory of interest rate. Macmillan: New York, NY....
Under our hypothesis, a person whose preference rate exceeds the current rate of interest will borrow up to the point at which the two rates will become equal. On the other hand, the man, whose temperament or whose income stream or both give him a preference rate below the market rate, ...
Other theories, besides the time preference theory of interest, have been developed to explain interest rates. The classical theory explains interest in terms of the supply and demand of capital. Demand for capital is driven by investment and the supply of capital is driven by savings. Interest ...
the demand side the primary issue is the productivity of capital 9.3 Determination of the level of interest rates Rates of interest are established by ? supply ? demand ? ? ? ? ? ? ? ? The major factors that have an influence on the level of the rate of interest: the underlying “...
awho is pary for 谁是pary为[translate] aEmperor's Club, the 皇帝的俱乐部,[translate] aGod's favored one 上帝的偏爱一[translate] aInterest rates on theory (or down) and the impact of housing loans 有关理论的利率 ( 或下面 ) 和住宅群贷款的影响[translate]...
A model of the nominal term structure of interest rates is developed that has a positive and stationary process for the interest rate and delivers closed-form expressions for the prices of discount bonds and European options on bonds. Unlike the one-state-variable version of the Cox, Ingersoll,...
A Theory of the Term Structure of Interest Rates Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.A THEORY OF THE TERM STRUCTURE OF INTEREST RATES Cox, John C;Ingersoll, Jonathan E, Jr;Ross, Stephen A Econometrica (pre-1986); Mar 1985; 53,...
aIn the term structure of interest rates and macroeconomic theory, theory, this article details the Phillips curve IS-LM curve theory, theory of the Taylor rule, Fisher\'s theory of equations, expected model. 在利率的期限构成和宏观经济学理论,理论,这篇文章详述菲利普曲线IS-LM曲线理论,泰勒规则的...
According to the expectations theory of the term structure of interest rates, if inflation is expected to increase, the yield curve is A. Downward sloping. B. Humped, with an upward slope that peaks and then turns downward. C. Flat. D. Upward sloping. 相关知识点: 试题来源: 解析 D 略...
The liquidity preference theory of the term structure of interest rates implies that the shape of the yield curve should be:() A. flat or humped. B. downward-sloping. C. upward-sloping. 相关知识点: 试题来源: 解析 C The liquidity preference theory definitely puts upward pressure on the ...