The expectations theory of the term structure of interest rates was analyzed,and an empirical test of the expectations theory made.The interest rates of treasury market among China Banks were tested by regression model and VAR model methods.Under short or the long terms,the results showed that the expectations theory cannot be rejected.
吴丹, 谢赤. 中国银行间国债利率期限结构的预期理论检验[J]. J4, 2005, 2(5): 536-.
WU Dan, XIE Chi. Test of the Expectations Theory of the Term Structure of Treasury Market Among China Banks. J4, 2005, 2(5): 536-.