Discover how biased expectations theory impacts interest rates by incorporating investor preferences and risks, beyond just ...

The study of interest rate models and term structure analysis is central to understanding financial markets, underpinning the valuation of fixed income securities, derivatives, and risk management ...

While most economists believe that central banks set interest rates, in reality, they are set by time preferences of ...

Traditionally, interest rates have been higher on long-term CDs than they were on short-term CDs. And the logic was easy to understand. Since long-term CDs, which have maturity dates longer than one ...