expectations hypothesis
nounDefinitions
The proposition that a long-term interest rate is determined purely by current and future…
The proposition that a long-term interest rate is determined purely by current and future expected short-term rates, so that the expected final value of wealth from investing in a sequence of short-term bonds equals the final value of wealth from investing in long-term bonds.
The neighborhood
Vish — recursive loop
No curated loop yet for expectations hypothesis. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA