Showing 1 - 5 of 5
Portugal. …
Persistent link: https://www.econbiz.de/10005835404
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
Portugal. We lean on evidence that the maintenance of low competition in these markets may have contributed to the recent poor …
Persistent link: https://www.econbiz.de/10005619679
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
analysis offers the figures of the long term evolution of IIT between Portugal and Spain, and also its distribution between …
Persistent link: https://www.econbiz.de/10011258392