The purpose of this paper is to test the (rational) expectations hypothesis of the term structure of interest rates using Portuguese data for the interbank money market. The results obtained support only a very weak, long-run or "asymptotic" version of the hypothesis, and broadly agree with...

Abstract: Analyses concerning success and failure during Upper Secondary usually do not rely upon individual longitudinal data as we do in the present paper. Neither do they generally use that kind of data when trying to assess two among the most important scholar turning points as the...

The purpose of this paper is to test the (rational) expectations hypothesis of the term structure of interest rates using Portuguese data for the interbank money market. The results obtained support only a very weak, long-run or "asymptotic" version of the hypothesis, and broadly agree with...