The Japanese Term Structure of Interest Rates |
Contents
List of Figures iv | 8 |
The Theory of Interest Rate Term | 10 |
Development of an Alternative Expression | 92 |
Copyright | |
5 other sections not shown
Common terms and phrases
B-spline B-spline basis Bank of Japan bond markets breakpoints calculated chapter constraints correlogram coupon cubic polynomial cubic spline DeBoor debt outstanding difference equation solution discount bonds discount curve discount function Economics equation solution models estimated discount Figure Fixed-Term Debt forward rates forward yield curve holding period yields inflation uncertainty interest rate term interpolants investors Japanese Journal of Finance kokusai Kōshasai least squares linear long-term March matrix maturity structure data maturity structure variables McCulloch Meiselman One-Month one-period open market operations parameters PERCENT piecewise polynomial approximation problem pure expectations hypothesis rate term structure rates of interest Rational Expectations regression restricted least squares sample short rate short term spline approximation spline function spot rates standard error stochastic structure of debt Structure of Interest term struc term structure estimates term structure measurement term to maturity tests tion truncated power basis Trust Fund Bureau Variance Bounds vector yields to maturity zero