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European housing systems - Portugal, Spain, Italy and Greece Œ under the assumption that they had a different path other than …
Persistent link: https://www.econbiz.de/10005076780
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
The purpose of this paper is to test both short- and long-run implications of the (rational) expectations hypothesis of the term structure of interest rates using Portuguese data for the interbank money market. The results support only a very weak, long-run or "asymptotic" version of the...
Persistent link: https://www.econbiz.de/10005621801
In a former study (Carvalho 1995) we modeled the housing market in Portugal in a classic cross section framework and …
Persistent link: https://www.econbiz.de/10005119161