Abstract
Introduction, 457. — I. Elasticity of expectations and empirical and policy implications of the expectations hypothesis, 459. — II. A simplified elastic expectations model, 462; the model, 462; an empirical estimate of responsiveness of expected rates to current short rates, 463. — III. Effects of a swapping operation on the yield curve, 469.
Keywords
Yield (engineering)Monetary policyYield curveEconomicsMonetary economicsKeynesian economicsEconomic historyLibrary scienceInterest rateComputer science
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Publication Info
- Year
- 1964
- Type
- article
- Volume
- 78
- Issue
- 3
- Pages
- 457-457
- Citations
- 34
- Access
- Closed
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Cite This
John H. Wood
(1964).
The Expectations Hypothesis, The Yield Curve, and Monetary Policy.
The Quarterly Journal of Economics
, 78
(3)
, 457-457.
https://doi.org/10.2307/1879477
Identifiers
- DOI
- 10.2307/1879477