Abstract
I. The elements of term structure theory, 489. — II. The role of debt liquidity differences in the rate structure, 491. — III. The role of speculative activity in the term structure, 496. — IV. Changes in the maturity structure of demand for funds, 502. — V. Yields on short-term and long-term U. S. government securities 1920–1957, 504. — VI. Some implications for credit policy, 516.
Keywords
Yield curveTerm (time)EconomicsMarket liquidityInterest rateDebtMonetary economicsMaturity (psychological)MacroeconomicsPsychologyPhysics
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Publication Info
- Year
- 1957
- Type
- article
- Volume
- 71
- Issue
- 4
- Pages
- 485-485
- Citations
- 366
- Access
- Closed
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Cite This
John M. Culbertson
(1957).
The Term Structure of Interest Rates.
The Quarterly Journal of Economics
, 71
(4)
, 485-485.
https://doi.org/10.2307/1885708
Identifiers
- DOI
- 10.2307/1885708