Michael J Hamburger
Biographic Data
| ID | 5852315 |
|---|---|
| NAME | Michael J Hamburger |
| GIVEN NAMES | Michael J |
| FAMILY NAME | Hamburger |
| SIGNATURE | HAMBURGER M J |
| VERIFIED | No |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 4 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1966 |
| LATEST PUBLICATION YEAR | 1975 |
| H-INDEX | 0 |
The Expectations Hypothesis and the Efficiency of the Treasury Bill Market
A CCORDING to the expectations hypoth.t esis, the forward rates of interest implicit in the yield curve provide unbiased estimates of the market's expectations of future spot rates. Recently, the empirical validity of the expectations hypothesis has been tested by examining the conformity of movements in forward rates to the properties implied by the efficient market model.' latter model contends that, subject to the constraints imposed by the co…
An Empirical Study of Interest Rate Determination
the probability of an equal percentage change occurring is far smaller for R. In terms of equally probable changes, income has a greater impact on interest rates than unborrowed reserves. The partial correlation coefficients present less clear evidence as to the relative contributions of R. and Y. The partials are greater for R. than for Y in the equations for 1953-1960, but greater for Y than for R,2 in the 1961-1965 period. For the overall peri…
An Empirical Study of Interest Rate Determination
The Demand for Money by Households, Money Substitutes, and Monetary Policy
No prominent works on this page.
The Demand for Money by Households, Money Substitutes, and Monetary Policy
An Empirical Study of Interest Rate Determination
An Empirical Study of Interest Rate Determination
the probability of an equal percentage change occurring is far smaller for R. In terms of equally probable changes, income has a greater impact on interest rates than unborrowed reserves. The partial correlation coefficients present less clear evidence as to the relative contributions of R. and Y. The partials are greater for R. than for Y in the equations for 1953-1960, but greater for Y than for R,2 in the 1961-1965 period. For the overall peri…
The Expectations Hypothesis and the Efficiency of the Treasury Bill Market
A CCORDING to the expectations hypoth.t esis, the forward rates of interest implicit in the yield curve provide unbiased estimates of the market's expectations of future spot rates. Recently, the empirical validity of the expectations hypothesis has been tested by examining the conformity of movements in forward rates to the properties implied by the efficient market model.' latter model contends that, subject to the constraints imposed by the co…
Economics (4 works) · Monetary economics (4 works) · Econometrics (3 works) · Interest rate (2 works) · Monetary Policy and Economic Impact (2 works) · Economic Theory and Policy (1 work) · Efficient-market hypothesis (1 work) · Empirical research (1 work) · European Monetary and Fiscal Policies (1 work) · Finance (1 work)