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Federal Reserve Policy and the Structure of Interest Rates on Government Securities

Charles E. Walker

University of Texas

Quarterly Journal of Economics 1954

Introduction, 19. — I. The theory of interest rate structure, 19. — II. Origin and evolution of the rate structure, 27. — III. Effects of maintenance of the yield pattern, 27. — IV. Significance to credit policy of maintaining the yield structure, 36. — V. Conclusions for policy, 40. — VI. Interest rate structures and compensatory open market operations, 41.

DOI
10.2307/1881916
Volume
68 (1)
Pages
19
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