Excess volatility in the term structure of interest rates, in share prices and in eurozone derivatives
Auteur :
Santini, Amia
Éditeur :
Springer Fachmedien Wiesbaden
ISBN :
9783658374495
Date de publication :
4 mai 2022
Dimensions :
21,0 x 14,8 cm
Langue :
Anglais
Pays d'origine :
Allemagne
The phenomenon of excess volatility in the context of share prices and of the term structure of interest rates has been documented by the existing literature, highlighting the limitations of traditional models of rational expectations and of reliance on the efficient market hypothesis.