An Empirical Analysis of Forward Rate Prediction Error and Time-Varying Term Premium
碩士 === 淡江大學 === 財務金融學系 === 87 === Most empirical studies of the expectations hypothesis reject it. The rejection has generally been attributed to: (a) a time-varying expected term premium, or (b) expectation errors by market participants. In this paper I examine the time-varying expected term premiu...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
1999
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| Online Access: | http://ndltd.ncl.edu.tw/handle/65985185999225491205 |