这就是出现在几乎每一本教科书里的利率的“可贷资金”模型，我写的书也不例外。
This is the “loanable funds” model of the interest rate, which is in every textbook, mine included. It looks like this
换句话说，可贷资金的利率不可能低于零，因为持有现金的回报率都可以为零。
In other words, the interest rate on loanable funds cannot fall below zero because holding cash guarantees a rate of return of zero.
债券价格的决定理论主要有古典利率理论、流动偏好理论、可贷资金理论和理性预期理论。
Theories on bond pricing include classical interest rate theory, liquidity preference theory, loanable fund theory and reasonable expectation theory.
应用推荐