收益率曲线理论的起源：伊文-费舍尔与约翰-梅纳德-凯恩斯

IF 1.2 3区经济学 Q1 HISTORY

Journal of the History of Economic Thought Pub Date : 2023-12-11 DOI:10.1017/s1053837223000263

Lucy Brillant

{"title":"收益率曲线理论的起源：伊文-费舍尔与约翰-梅纳德-凯恩斯","authors":"Lucy Brillant","doi":"10.1017/s1053837223000263","DOIUrl":null,"url":null,"abstract":"The purpose of the paper is to rescue Irving Fisher’s theorizing of the yield curve (1896, 1907, 1930) from relative obscurity and to contrast it with the better known and equally pioneering theory of John Maynard Keynes (1930, 1936). The paper also adduces evidence that Fed economists and the U.S. monetary experience in the 1920s greatly influenced these authors, both of whom were concerned with the management of the long-term interest rate.","PeriodicalId":45456,"journal":{"name":"Journal of the History of Economic Thought","volume":"95 5","pages":""},"PeriodicalIF":1.2000,"publicationDate":"2023-12-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"THE ORIGINS OF YIELD CURVE THEORY: IRVING FISHER AND JOHN MAYNARD KEYNES\",\"authors\":\"Lucy Brillant\",\"doi\":\"10.1017/s1053837223000263\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The purpose of the paper is to rescue Irving Fisher’s theorizing of the yield curve (1896, 1907, 1930) from relative obscurity and to contrast it with the better known and equally pioneering theory of John Maynard Keynes (1930, 1936). The paper also adduces evidence that Fed economists and the U.S. monetary experience in the 1920s greatly influenced these authors, both of whom were concerned with the management of the long-term interest rate.\",\"PeriodicalId\":45456,\"journal\":{\"name\":\"Journal of the History of Economic Thought\",\"volume\":\"95 5\",\"pages\":\"\"},\"PeriodicalIF\":1.2000,\"publicationDate\":\"2023-12-11\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of the History of Economic Thought\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://doi.org/10.1017/s1053837223000263\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"HISTORY\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of the History of Economic Thought","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1017/s1053837223000263","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"HISTORY","Score":null,"Total":0}

引用次数: 0

摘要

本文旨在将欧文-费雪的收益率曲线理论（1896 年、1907 年、1930 年）从相对默默无闻的状态中解救出来，并将其与约翰-梅纳德-凯恩斯（1930 年、1936 年）更为人熟知且同样具有开创性的理论进行对比。本文还列举了美联储经济学家和 20 世纪 20 年代美国货币经验对这些作者产生巨大影响的证据，这两位作者都关注长期利率的管理。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

THE ORIGINS OF YIELD CURVE THEORY: IRVING FISHER AND JOHN MAYNARD KEYNES

The purpose of the paper is to rescue Irving Fisher’s theorizing of the yield curve (1896, 1907, 1930) from relative obscurity and to contrast it with the better known and equally pioneering theory of John Maynard Keynes (1930, 1936). The paper also adduces evidence that Fed economists and the U.S. monetary experience in the 1920s greatly influenced these authors, both of whom were concerned with the management of the long-term interest rate.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Journal of the History of Economic Thought Multiple-

CiteScore

1.30

自引率

22.20%

发文量

期刊介绍： The mission of JHET is to further the objectives of the History of Economics Society. These are to promote interest in and inquiry into the history of economics and related parts of intellectual history, facilitate communication and discourse among scholars working in the field of the history of economics, and disseminate knowledge about the history of economics. JHET therefore encourages and makes available research in the fields of history of economic thought and the history of economic methodology. The work of many distinguished authors has been published in its pages. It is recognised as being a first class international scholarly publication. All articles are fully peer reviewed.