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Finance

David Pyle on Short-Term Interest Rates

David Pyle

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Abstract
David H. Pyle is the Willis H. Booth Professor of Banking and Finance in the School of Business Administration at U.C. Berkeley. His research and teaching are chiefly concerned with financial institutions and financial markets. In the note that follows, Pyle considers why short-term interest rates remained high in 1981 and 1982.
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Spring 1983

Volume 25
Issue 3


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California Management Review

Published at Berkeley Haas for more than sixty years, California Management Review seeks to share knowledge that challenges convention and shows a better way of doing business.

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