Excess Volatility in the Term Structure of Interest Rates, in Share Prices and in Eurozone Derivatives
The phenomenon of excess volatility in the context of share prices and of the term structure of interest rates has been documented by the existing literature, highlighting the limitations of traditional models of rational expectations and of reliance on the efficient market hypothesis. The data viol...
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| Format: | eBook |
| Language: | English |
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Wiesbaden
Springer Fachmedien Wiesbaden
2022, 2022
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| Edition: | 1st ed. 2022 |
| Series: | BestMasters
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| Collection: | Springer eBooks 2005- - Collection details see MPG.ReNa |
Table of Contents:
- 1 Abstract
- 2 Introduction
- 3 Chapter I: Literature on the subject of excess volatility
- 4 Chapter II: Excess volatility beyond discount rates
- 5 Chapter III: Evidence of excess volatility in the Eurozone market
- 6 Conclusions