Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. The rational expectations theory is a concept and ...
Discover how biased expectations theory impacts interest rates by incorporating investor preferences and risks, beyond just ...
Investing may be an art, but even the greatest artists have a strong understanding of the science at the foundation of their craft. In the world of bonds, yields, and interest rates, the Unbiased ...
This article focuses on academic theory, away from the political debate on deflation and expectations. An analogy using physics is used to examine how economics has considered the formation of ...
The assumption that investors hold rational expectations of market returns is central to many asset pricing models. However, in recent years, surveys of investors have revealed that market ...
The Bank of Japan (BOJ) held its regular Monetary Policy Meeting on September 20 and 21, 2016 to define a new easing policy framework for guiding the short- and long-term interest rate, stressing its ...