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Long-term consequences of short-term precipitation shocks: evidence from Brazilian migrant households

✍ Scribed by Valerie A. Mueller; Daniel E. Osgood


Book ID
109300336
Publisher
Elsevier Science
Year
2009
Tongue
English
Weight
495 KB
Volume
40
Category
Article
ISSN
0169-5150

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✍ Elias Tzavalis; Michael Wickens πŸ“‚ Article πŸ“… 1998 πŸ› John Wiley and Sons 🌐 English βš– 183 KB πŸ‘ 3 views

This paper explains the contradictory findings from long-run and short-run tests of the rational expectations hypothesis of the term structure. Recent research suggests that, while the long-run tests support the theory, the short-run tests do not. Our results which are based on US Treasury bills rat