𝔖 Bobbio Scriptorium
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ECD funds and contract


Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
154 KB
Volume
2002
Category
Article
ISSN
1473-8325

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## Abstract This study relates predictable gains from positions in fed funds futures contracts to violations of the expectations hypothesis of the term structure of interest rates. Although evidence for predictable gains from positions in short‐horizon contracts is mixed, we find that gains in long