JEL classification

Journal of Economic Literature Classification (10696)

E - Macroeconomics and Monetary Economics (1324)

E4 - Money and Interest Rates (278)

E43 - Determination of Interest Rates; Term Structure of Interest Rates (62)

Number of items at this level: 62.

Centre for Economic Performance

Aghion, Philippe, Farhi, Emmanuel, Kharroubi, Enisse (2018). Monetary policy, product market competition and growth. (CEP Discussion Papers CEPDP1590). London School of Economics and Political Science. Centre for Economic Performance.

Carruth, A., Hooker, M., Oswald, A. (1994). Unemployment, oil prices and the real interest rate: evidence from Canada and the UK. (CEP Discussion Papers CEPDP0188). London School of Economics and Political Science. Centre for Economic Performance.

Faraglia, Elisa, Marcet, Albert, Scott, A. (2011). In search of a theory of debt management. (CEP Discussion Papers CEPDP1083). London School of Economics and Political Science. Centre for Economic Performance.

Fujiwara, Ippei, Körber, Lena Mareen, Nagakura, Daisuke (2013). Asymmetry in government bond returns. Journal of Banking and Finance, 37(8), 3218-3226. https://doi.org/10.1016/j.jbankfin.2013.03.002

Montoro, Carlos (2007). Monetary policy committees and interest rate smoothing. (CEPDP 780). London School of Economics and Political Science. Centre for Economic Performance.

Rosa, Carlo, Verga, Giovanni (2005). The importance of the wording of the ECB. (CEPDP 694). London School of Economics and Political Science. Centre for Economic Performance.

Centre for Macroeconomics

Benigno, Gianluca, Fornaro, Luca (2016). Stagnation traps. (CFM discussion paper series CFM-DP2016-06). Centre For Macroeconomics.

Cesa-Bianchi, Ambrogio, Thwaites, Gregory, Vicondoa, Alejandro (2016). Monetary policy transmission in an open economy:new data and evidence from the United Kingdom. (CFM discussion paper series CFM-DP2016-12). Centre For Macroeconomics.

Ellison, Martin, Scott, Andrew (2017). Managing the UK National Debt 1694-2017. (CFM discussion paper series CFM-DP2017-27). Centre For Macroeconomics.

Ellison, Martin, Tischbirek, Andreas (2018). Beauty contests and the term structure. (CFM Discussion Paper Series CFMDP2018-07). Centre For Macroeconomics, London School of Economics and Political Science.

Gambetti, Luca, Korobilis, Dimitris, Tsoukalas, John D., Zanetti, Francesco (2017). The effect of news shocks and monetary policy. (CFM discussion paper series CFM-DP2017-30). Centre For Macroeconomics.

Masolo, Riccardo M., Monti, Francesca (2017). Ambiguity, monetary policy and trend inflation. (CFM discussion paper series CFM-DP2017-09). Centre For Macroeconomics.

Masolo, Riccardo M., Monti, Francesca (2015). Monetary policy with ambiguity averse agents. (CFM discussion paper series CFM-DP2015-06). Centre For Macroeconomics.

Thwaites, Gregory (2014). Why are real interest rates so low? Secular stagnation and the relative price of investment goods. (CFM discussion paper series CFM-DP2014-28). Centre For Macroeconomics.

Economic History

Kelly, Paul V. (2024). Eighteenth-century Irish interest rates – market failure in a booming economy. (Economic History Student Working Papers 31). Department of Economic History, The London School of Economics and Political Science.

Economics

Agnello, Luca, Castro, Vítor, Sousa, Ricardo M. (2023). Interest rate gaps in an uncertain global context why “too” low (high) for “so” long? Empirical Economics, 64(2), 539 - 565. https://doi.org/10.1007/s00181-022-02265-x

Arcidiacono, Peter, Aucejo, Esteban M., Hotz, V. Joseph (2016). University differences in the graduation minorities in STEM fields: evidence from California. American Economic Review, 106(3), 525-562. https://doi.org/10.1257/aer.20130626

Benetton, Matteo, Gavazza, Alessandro, Surico, Paolo (2025). Mortgage pricing and monetary policy. American Economic Review, 115(3), 823 - 863. https://doi.org/10.1257/aer.20211229

Benigno, Gianluca, Fornaro, Luca (2018). Stagnation traps. Review of Economic Studies, 85(3), 1425 - 1470. https://doi.org/10.1093/restud/rdx063

Best, Michael Carlos, Cloyne, James, Ilzetzki, Ethan, Kleven, Henrik Jacobsen (2020). Estimating the elasticity of intertemporal substitution using mortgage notches. Review of Economic Studies, 87(2), 656 - 690. https://doi.org/10.1093/restud/rdz025

Buera, Francisco J., Moll, Benjamin (2015). Aggregate implications of a credit crunch: the importance of heterogeneity. American Economic Journal: Macroeconomics, 7(3), 1 - 42. https://doi.org/10.1257/mac.20130212

Elsayed, Ahmed H., Sousa, Ricardo M. (2024). International monetary policy and cryptocurrency markets: dynamic and spillover effects. European Journal of Finance, 30(16), 1855 - 1875. https://doi.org/10.1080/1351847X.2022.2068375

Fujiwara, Ippei, Körber, Lena Mareen, Nagakura, Daisuke (2013). Asymmetry in government bond returns. Journal of Banking and Finance, 37(8), 3218-3226. https://doi.org/10.1016/j.jbankfin.2013.03.002

Kaplan, Greg, Moll, Benjamin, Violante, Giovanni L. (2018). Monetary policy according to HANK. American Economic Review, 108(3), 697 - 743. https://doi.org/10.1257/aer.20160042

Olivares Rios, A., Rodríguez, G., Ataurima Arellano, M. (2019). Estimation of Peru’s sovereign yield curve: the role of macroeconomic and latent factors. Journal of Economic Studies, 46(3), 533-563. https://doi.org/10.1108/JES-04-2017-0089

Reis, Ricardo (2025). Medium and long-run trends in interest rates: causes and implications for monetary policy. In Bauduco, S, García Schmidt, M., Mian, A., Villacorta, L. (Eds.), Medium and long-run trends in interest rates: causes and implications for monetary policy . Banco Central de Chile.

European Institute

Buiter, Willem H., Sibert, Anne C. (2007). Deflationary bubbles. Macroeconomic Dynamics, 11(4), 431-454. https://doi.org/10.1017/S1365100506060147

Finance

Bikbov, Ruslan, Chernov, Mikhail (2013). Monetary policy regimes and the term structure of interest rates. Journal of Econometrics, 174(1), 27-43. https://doi.org/10.1016/j.jeconom.2013.01.002

Bryzgalova, Svetlana, Julliard, Christian (2020). Consumption in asset returns. (Systemic Risk Centre Discussion Papers 92). Systemic Risk Centre, The London School of Economics and Political Science.

Bryzgalova, Svetlana, Huang, Jiantao, Julliard, Christian (2024). Consumption in asset returns. Journal of Finance,

Choi, Hoyong, Mueller, Philippe, Vedolin, Andrea (2016). Bond variance risk premiums. Social Science Research Network (SSRN).

Farboodi, Maryam, Kondor, Peter (2022). Heterogeneous global booms and busts. American Economic Review, 112(7), 2178 - 2212. https://doi.org/10.1257/aer.20181830

Gourinchas, Pierre-Olivier, Ray, Walker, Vayanos, Dimitri (2025). A preferred-habitat model of term premia, exchange rates, and monetary policy spillovers. American Economic Review, 115(11), 3788 – 3824. https://doi.org/10.1257/aer.20220379

Greenwood, Robin, Vayanos, Dimitri (2014). Bond supply and excess bond returns. Review of Financial Studies, 27(3), 663 - 713. https://doi.org/10.1093/rfs/hht133

Greenwood, Robin, Hanson, Samuel, Vayanos, Dimitri (2024). Supply and demand and the term structure of interest rates. Annual Review of Financial Economics, 16, 115 - 151. https://doi.org/10.1146/annurev-financial-082123-110048

Greenwood, Robin, Vayanos, Dimitri (2010). Price pressure in the government bond market. American Economic Review, 100(2), 585-590. https://doi.org/10.1257/aer.100.2.585

Guibaud, Stéphane, Nosbusch, Yves, Vayanos, Dimitri (2013). Bond market clienteles, the yield curve, and the optimal maturity structure of government debt. Review of Financial Studies, 26(8), 1914-1961. https://doi.org/10.1093/rfs/hht013

Hanson, Samuel, Malkhozov, Aytek, Venter, Gyuri (2022). Demand-supply imbalance risk and long-term swap spreads. (Systemic Risk Centre Discussion Papers 118). Systemic Risk Centre, The London School of Economics and Political Science.

Julliard, Christian, Pinter, Gabor, Todorov, Karamfil, Wijnandts, Jean-Charles, Yuan, Kathy (2025). What drives repo haircuts? Evidence from the UK market. Management Science,

Malkhozov, Aytek, Mueller, Philippe, Vedolin, Andrea, Venter, Gyuri (2016). Mortgage risk and the yield curve. Review of Financial Studies, 29(5), 1220 - 1253. https://doi.org/10.1093/rfs/hhw003

Mueller, Philippe, Vedolin, Andrea, Yen, Yu-Min (2012). Bond variance risk premia. (Financial Markets Group Discussion Papers 699). Financial Markets Group, The London School of Economics and Political Science.

Mueller, Philippe, Vedolin, Andrea, Zhou, Hao (2011). Short run bond risk premia. (Financial Markets Group Discussion Papers 686). Financial Markets Group, The London School of Economics and Political Science.

Mueller, Philippe, Vedolin, Andrea, Zhou, Hao (2011). Short-run bond risk premia. (AFA 2013 San Diego Meetings Paper).

Ray, Walker, Droste, Michael, Gorodnichenko, Yuriy (2024). Unbundling quantitative easing: taking a cue from treasury auctions. Journal of Political Economy, 132(9), 3115 - 3172. https://doi.org/10.1086/729581

Financial Markets Group

Espinoza, Raphael A., Goodhart, Charles, Tsomocos, Dimitrios P. (2007). Endogenous state prices, liquidity, default, and the yield curve. (Financial Markets Group Discussion Papers 583). Financial Markets Group, The London School of Economics and Political Science.

Ferman, Marcelo (2011). Switching monetary policy regimes and the nominal term structure. (Financial Markets Group Discussion Papers 678). Financial Markets Group, The London School of Economics and Political Science.

Goodhart, C. A. E., Mills, Terence C., Capie, Forrest (2019). The slope of the term structure and recessions: evidence from the UK, 1822-2016. (CEPR Discussion Paper DP 13519). Centre for Economic Policy Research (Great Britain).

Goodhart, Charles, Bin Lim, Wen (2008). Do errors in forecasting inflation lead to errors in forecasting interest rates? (Financial Markets Group Discussion Papers 611). Financial Markets Group, The London School of Economics and Political Science.

Goodhart, Charles, Bin Lim, Wen (2008). Interest rate forecasts: a pathology. (Financial Markets Group Discussion Papers 612). Financial Markets Group, The London School of Economics and Political Science.

Goodhart, Charles, Lim, Wen Bin (2011). Interest rate forecasts: a pathology. International Journal of Central Banking, 7(2), 135-171.

Greenwood, Robin, Vayanos, Dimitri (2008). Bond supply and excess bond returns. (Financial Markets Group Discussion Papers 607). Financial Markets Group, The London School of Economics and Political Science.

Leblanc, B., Renault, Olivier, Scaillet, O. (2000). A correction note on the first passage time of an Ornstein-Uhlenbeck process to a boundary. Finance and Stochastics, 4(1), 109-111. https://doi.org/10.1007/s007800050007

Geography and Environment

Freeman, Mark C., Groom, Ben, Panopoulou, Ekaterini, Pantelidis, Theologos (2015). Declining discount rates and the Fisher Effect: inflated past, discounted future? Journal of Environmental Economics and Management, 73, 32-49. https://doi.org/10.1016/j.jeem.2015.06.003

Government

Soskice, David, Carlin, Wendy (2018). Stagnant productivity and low unemployment: stuck in a Keynesian equilibrium. Oxford Review of Economic Policy, 34(1-2), 169-194. https://doi.org/10.1093/oxrep/grx060

Hellenic Observatory

Mamatzakis, Emmanuel C. (2024). High Greek bank net interest margins, recapitalisations and competition. (GreeSE Papers: Hellenic Observatory Discussion Papers on Greece and Southeast Europe 199). Hellenic Observatory, London School of Economics and Political Science.

LSE

Faraglia, Elisa, Marcet, Albert, Scott, A. (2011). In search of a theory of debt management. (CEP Discussion Papers CEPDP1083). London School of Economics and Political Science. Centre for Economic Performance.

García-Herrero, Alicia, Girardin, Eric, dos Santos, Enestor (2017). Do as I do, and also as I say: monetary policy impact on Brazil’s financial markets. Economía, 17(2), 65 - 92. https://doi.org/10.31389/eco.66

García-Herrero, Alicia, Ortiz, Alvaro (2006). The role of global risk aversion in explaining sovereign spreads. Economía, 7(1), 125 - 148. https://doi.org/10.1353/eco.2007.0005

Hamann, Franz, Hofstetter, Marc, Urrutia, Miguel (2014). Inflation targeting in Colombia, 2002–12. Economía, 15(1), 1 - 37. https://doi.org/10.31389/eco.83

Ibarra, Raul (2023). The yield spread as a predictor of economic activity in Mexico: the role of the term premium. Economía, 22(1), 153 – 174. https://doi.org/10.31389/eco.415

Pincheira, Pablo, Calani, Mauricio (2010). Communicational bias in monetary policy can words forecast deeds? Economía, 11(1), 103 - 145. https://doi.org/10.1353/eco.2010.0010

STICERD

Piketty, Thomas (1992). Imperfect capital markets and persistence of initial wealth inequalities. (TE 255). Suntory and Toyota International Centres for Economics and Related Disciplines.

School of Public Policy

Chadha, Jagjit S. (2023). Mr Putin and the chronicle of a normalisation foretold. LSE Public Policy Review, 3(1). https://doi.org/10.31389/lseppr.92

Systemic Risk Centre

Cortes, Fabio, Lindner, Peter, Malik, Sheheryar, Segoviano, Miguel (2018). A comprehensive multi-sector tool for analysis of Systemic Risk and Interconnectedness (SyRIN). (Systemic Risk Centre Discussion Papers 80). Systemic Risk Centre, The London School of Economics and Political Science.