IDEAS home Printed from https://ideas.repec.org/a/oup/qjecon/v76y1962i2p197-218..html
   My bibliography  Save this article

Expectations, Bond Prices, and the Term Structure of Interest Rates

Author

Listed:
  • Burton G. Malkiel

Abstract

Introduction, 197. — The mathematics of bond prices, 199. — Expectations and the term structure of rates, 206. — Altering some of the assumptions, 214. Concluding remarks, 218.

Suggested Citation

  • Burton G. Malkiel, 1962. "Expectations, Bond Prices, and the Term Structure of Interest Rates," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 76(2), pages 197-218.
  • Handle: RePEc:oup:qjecon:v:76:y:1962:i:2:p:197-218.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1880816
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Marc Flandreau & Kim Oosterlinck, 2011. "Was the Emergence of the International Gold Standard Expected? Melodramatic Evidence from Indian Government Securities," Working Papers 0005, European Historical Economics Society (EHES).
    2. Lassaâd Mbarek & Hardik A. Marfatia & Sonja Juko, 2018. "Time-varying Response of Treasury Yields to Monetary Policy Shocks: Evidence from the Tunisian Bond Market," Working Papers 1243, Economic Research Forum, revised 23 Oct 2018.
    3. Bachar Fakhry & Christian Richter, 2018. "Does the Federal Constitutional Court Ruling Mean the German Financial Market is Efficient?," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 4(2), pages 111-125.
    4. Andrea J. Heuson & Dennis J. Lasser, 1990. "Tax-Timing Options And The Pricing Of Government Bonds," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 13(2), pages 93-103, June.
    5. Emma Berenguer-Carceles & Ricardo Gimeno & Juan M. Nave, 2012. "Estimation of the Term Structure of Interest Rates: Methodology and Applications," Working Papers 12.06, Universidad Pablo de Olavide, Department of Financial Economics and Accounting (former Department of Business Administration).
    6. repec:hal:spmain:info:hdl:2441/5221 is not listed on IDEAS
    7. repec:spo:wpmain:info:hdl:2441/5221 is not listed on IDEAS
    8. Flandreau, Marc & Oosterlinck, Kim, 2012. "Was the emergence of the international gold standard expected? Evidence from Indian Government securities," Journal of Monetary Economics, Elsevier, vol. 59(7), pages 649-669.
    9. Emmanuelle Clément & Christian Gourieroux & Alain Monfort, 1995. "Linear Factor Models and the Term Structure of Interest Rates," Annals of Economics and Statistics, GENES, issue 40, pages 37-65.
    10. Teplova, Tamara V. & Rodina, Victoria A., 2021. "The reinvestment risk premium in the valuation of British and Russian government bonds," Research in International Business and Finance, Elsevier, vol. 55(C).
    11. Miles Livingston, 1987. "Flattening Of Bond Yield Curves," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 10(1), pages 17-24, March.
    12. Bachar Fakhry & Christian Richter, 2015. "Is the sovereign debt market efficient? Evidence from the US and German sovereign debt markets," International Economics and Economic Policy, Springer, vol. 12(3), pages 339-357, September.
    13. Duane Stock, 1982. "Empirical Analysis Of Municipal Bond Portfolio Structure And Performance," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 5(2), pages 171-180, June.
    14. Gary Anderson & Raymond Chiang, 1987. "Interest Rate Risk Hedging For Due-On-Sale Mortgages With Early Termination," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 10(2), pages 133-142, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:qjecon:v:76:y:1962:i:2:p:197-218.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/qje .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.