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The Expectations Hypothesis of the Term Structure: Some Empirical Evidence for Portugal
Silva Lopes, Artur C.; Monteiro, Olga Susana - Volkswirtschaftliche Fakultät, … - 2007
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
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The expectations hypothesis of the term structure: some empirical evidence for Portugal
Silva Lopes, Artur C.; Monteiro, M.; Susana, Olga - Volkswirtschaftliche Fakultät, … - 2007
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
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Innovation and growth : chasing a moving frontier
Chandra, Vandana (ed.) - 2009
Persistent link: https://www.econbiz.de/10003921978
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Innovation and growth : chasing a moving frontier
Chandra, Vandana (contributor) - 2009
Innovation is crucial to long-term economic growth, even more so in the aftermath of the financial and economic crisis …. In this volume, the OECD and the World Bank jointly take stock of how globalisation is posing new challenges for innovation … for policy initiatives that can foster technological innovation in the pursuit of faster and sustainable growth. The …
Persistent link: https://www.econbiz.de/10015054493