Beranek, William; Henzel, John; Lee, Winson; Maquieira, … - In: Estudios de Economia 21, 1 Year 1994, pp. 105-124
In OLS regression studies of changes in Treasury Hill (TB) rates on anticipated money, investigators have found negative coefficients on anticipated money, basically over the period 1977-1982, which is inconsistent with the market efficiency hypothesis. Using a time-varying Bayesian regression...
