What is the rational expectations hypothesis, and how is it applied to tests of hypotheses about expected

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What is the rational expectations hypothesis, and how is it applied to tests of hypotheses about expected returns in financial markets?

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International Financial Management

ISBN: 978-0132162760

2nd edition

Authors: Geert Bekaert, Robert J. Hodrick

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Question Posted: May 28, 2012 03:35 AM

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What is the rational expectations hypothesis, and how is it applied to tests of hypotheses about expected

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The rational expectations hypothesis states that we can break the realization o...View the full answer

International Financial Management

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