NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

IV The Relation of the Movements of Bond Yields to the Grades of the Bonds -- Economic 'Drift'

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Frederick R. Macaulay

Chapter in NBER book Some Theoretical Problems Suggested by the Movements of Interest Rates, Bond Yields and Stock Prices in the United States since 1856 (1938), Frederick R. Macaulay (p. 85 - 127)
Published in 1938 by NBER

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