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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...
Persistent link: https://www.econbiz.de/10005616562
experiment we had during PETUR (Strategic Plan for Tourism in Serra Estrela - Portugal), the acronym of the work team I … innovation diffusion theories. The (4) section illustrates some of the initiatives we took in the case study for a the specific …
Persistent link: https://www.econbiz.de/10005835851
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...
Persistent link: https://www.econbiz.de/10005837523