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Long-Term Interest Rates, the Yield Curve, and Hyperinflation

  • Farrokh K. Langdana

Abstract

This chapter introduces the role of intertemporal expectations into our analysis. Effects of current and expected inflation on long-term interest rates will be the focus of the first half of this chapter. This will be followed by a discussion of the ultimate macroeconomic meltdown—hyperinflation.

Keywords

Interest Rate Monetary Policy Central Bank Yield Curve Budget Deficit 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media, LLC 2009

Authors and Affiliations

  1. 1.Rutgers Business SchoolRutgers UniversityNewarkUSA

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