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 ...

The Hitotsubashi Journal of Commerce and Management was established in 1960 for promoting scholarly research conducted at Hitotsubashi University. Published annually, the journal presents original ...

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 ...