Speculation and the Term Structure of Interest Rates

Author:

Barillas Francisco1,Nimark Kristoffer P.2

Affiliation:

1. Goizueta Business School at Emory University

2. Cornell University

Publisher

Oxford University Press (OUP)

Subject

Economics and Econometrics,Finance,Accounting

Reference48 articles.

1. A noisy rational expectations equilibrium for multi-asset securities markets.;Admati,;Econometrica,1985

2. Beauty contests and iterated expectations in asset markets.;Allen,;Review of Financial Studies,2006

3. Can information heterogeneity explain the exchange rate determination puzzle?;Bacchetta,;American Economic Review,2006

4. Higher order expectations in asset pricing.;Bacchetta,;Journal of Money, Credit and Banking,2008

5. Price drift as an outcome of differences in higher-order beliefs.;Banerjee,;Review of Financial Studies,2009

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