메뉴 건너뛰기




Volumn 23, Issue 3, 1997, Pages 15-28

Long-term returns and risk for bonds: Realistic estimates of actual experience of bondholders, nominal and inflation-adjusted, 1857-1995

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0031101640     PISSN: 00954918     EISSN: None     Source Type: Journal    
DOI: 10.3905/jpm.1997.409603     Document Type: Article
Times cited : (4)

References (22)
  • 1
    • 0003826027 scopus 로고
    • Washington, D.C.: Board of Governors of the Federal Reserve System
    • Banking and Monetary Statistics: 1914-1941. Washington, D.C.: Board of Governors of the Federal Reserve System, 1943.
    • (1943) Banking and Monetary Statistics: 1914-1941
  • 2
    • 84934349184 scopus 로고
    • The case of the negative nominal interest rates: New estimates of the term structure of interest rates during the great depression
    • December
    • Cecchetti, Stephen G. "The Case of the Negative Nominal Interest Rates: New Estimates of the Term Structure of Interest Rates during the Great Depression." Journal of Political Economy, December 1988, pp. 1111-1141.
    • (1988) Journal of Political Economy , pp. 1111-1141
    • Cecchetti, S.G.1
  • 4
    • 0011006093 scopus 로고    scopus 로고
    • Ibbotson Associates, 1993
    • Ibbotson Associates, 1993.
  • 7
    • 0000352707 scopus 로고
    • Stocks, bonds, bills, and inflation: Year-by-year historical returns (1926-1974)
    • January
    • Ibbotson, Roger G., and Rex A. Sinquefield. "Stocks, Bonds, Bills, and Inflation: Year-by-Year Historical Returns (1926-1974)." Journal of Business, January 1976, pp. 11-47.
    • (1976) Journal of Business , pp. 11-47
    • Ibbotson, R.G.1    Sinquefield, R.A.2
  • 9
    • 84962999022 scopus 로고
    • Expectations, bond prices, and the term structure of interest rates
    • May
    • Malkiel, Burton G. "Expectations, Bond Prices, and the Term Structure of Interest Rates." Quarterly Journal of Economics, May 1962, pp. 197-218.
    • (1962) Quarterly Journal of Economics , pp. 197-218
    • Malkiel, B.G.1
  • 10
    • 0001517985 scopus 로고
    • Appendix B of "the term structure of interest rates."
    • Benjamin M. Friedman and Frank H. Hahn, eds. Amsterdam: North Holland
    • McCullough, J. Houston. Appendix B of "The Term Structure of Interest Rates." In Benjamin M. Friedman and Frank H. Hahn, eds., Handbook of Monetary Economics, Volume I. Amsterdam: North Holland, 1990, pp. 672-715.
    • (1990) Handbook of Monetary Economics , vol.1 , pp. 672-715
    • McCullough, J.H.1
  • 12
    • 0000403447 scopus 로고
    • Is the fisher effect for real? A reexamination of the relationship between inflation and interest rates
    • November
    • Mishkin, Frederick. "Is the Fisher Effect for Real? A Reexamination of the Relationship between Inflation and Interest Rates. "Journal of Monetary Economics, November 1992, pp. 195-215.
    • (1992) Journal of Monetary Economics , pp. 195-215
    • Mishkin, F.1
  • 13
    • 0008063642 scopus 로고
    • New York: Moody's Investor Service
    • Moody's Industrial Manual. New York: Moody's Investor Service, 1994.
    • (1994) Moody's Industrial Manual
  • 16
    • 0001735652 scopus 로고
    • Indexes of stock prices from 1802 to 1987
    • July
    • Schwert, G. William. "Indexes of Stock Prices from 1802 to 1987." Journal of Business, July 1990, pp. 399-426.
    • (1990) Journal of Business , pp. 399-426
    • Schwert, G.W.1
  • 18
    • 0002388457 scopus 로고
    • The equity premium: Stock and bond returns since 1802
    • January/February
    • Siegel, Jeremy J. "The Equity Premium: Stock and Bond Returns Since 1802." Financial Analysts Journal, January/February 1992, pp. 28-38.
    • (1992) Financial Analysts Journal , pp. 28-38
    • Siegel, J.J.1
  • 21
    • 84984935784 scopus 로고
    • Real interest rates and bondholders' returns
    • June
    • Weil, Roman L. "Real Interest Rates and Bondholders' Returns." American Economic Review, June 1970, pp. 502-511.
    • (1970) American Economic Review , pp. 502-511
    • Weil, R.L.1
  • 22
    • 0000368673 scopus 로고
    • A comparison of annual common stock returns: 1871-1925 with 1926-85
    • April
    • Wilson, Jack W., and Charles P. Jones. "A Comparison of Annual Common Stock Returns: 1871-1925 with 1926-85." Journal of Business, April 1987, pp. 239-258.
    • (1987) Journal of Business , pp. 239-258
    • Wilson, J.W.1    Jones, C.P.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.