NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

V Bond Yields, Economic 'Drift', and the Prices of Common Stocks

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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. 130 - 162)
Published in 1938 by NBER

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