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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
of Portugal and Spain, using data from the European Working Conditions Survey (EWCS). …
Persistent link: https://www.econbiz.de/10009647356
(Less Industrialized Member States), such as Portugal. However, in both cases, it wasn’t paid much attention to the …, which can help to explain the lack of success of anthropocentric models in Portugal. …
Persistent link: https://www.econbiz.de/10009359938
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