Jitmaneeroj, Boonlert; Wood, Andrew - In: Journal of Banking & Finance 37 (2013) 3, pp. 1084-1092
Recent studies of the expectations hypothesis of the term structure (EHTS) find evidence in favor of the EHTS using post 1980s US data. This has been attributed to the relative macro stability of this period and greater market efficiency. Using a panel of forecasts for 3-month interest rates for...
