Expectations hypothesis

The expectations hypothesis of the term structure of interest rates (whose graphical representation is known as the yield curve) is the proposition that the long-term rate is determined purely by current and future expected short-term rates, in such a way 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.

单词	Expectation hypothesis
释义	Expectation hypothesis 原声例句经济学人 Finance and economics Instead, Lucas adopted the " rational expectations hypothesis" . 相反，卢卡斯采用了“理性预期假说”。英语百科 Expectations hypothesis The expectations hypothesis of the term structure of interest rates (whose graphical representation is known as the yield curve) is the proposition that the long-term rate is determined purely by current and future expected short-term rates, in such a way 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.
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Expectation hypothesis

Expectations hypothesis