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The Effect of Interest-Rate Risk on Liquidity Premiums: An Empirical Investigation

Published online by Cambridge University Press:  19 October 2009

Robert A. Olsen
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Extract

This paper investigates the relationship between interest-rate risk and liquidity premiums on U.S. Treasury bills. Interest-rate risk stems from uncertainty about the future general level of market interest rates.

Information

Type
Kenneth Trefftzs Student Award
Information
Journal of Financial and Quantitative Analysis , Volume 9 , Issue 5 , November 1974 , pp. 901 - 910
Copyright
Copyright © School of Business Administration, University of Washington 1974

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References

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