The Determinants of U.S. Real Interest Rates in the Long Run

The Determinants of U.S. Real Interest Rates in the Long Run
This paper examines the factors which influence the behavior of real interest rates in the United States over the long run. Data on real and nominal returns to bonds and equities are tested for unit root non-stationarity. The results indicate that real and nominal interest rates and inflation are integrated of order one while the evidence on... READ MORE...

Publication date: December 1991
ISBN 9781451854053
$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: December 1991

PDF

Publication date: December 1991

ePub

Publication date: December 1991

Mobi

Publication date: December 1991

English