Prat, Georges; Uctum, Remzi - In: Recherches économiques de Louvain 76 (2010) 2, pp. 195-217
Using Consensus Economics? monthly surveys, we show that experts? interest rate expectations in the Eurofranc market do … not verify the rational expectations hypothesis. These expectations are found to be generated by a mixed process combining … results support that experts? expectations are consistent with the model of interest rate term structure. JEL Classification …