Theories of the Term Structure: Iinterest ratesfixed-income securitiesterm structuresegmentation theoriesunbiased expectations theorySummary This chapter contains sections titled: Test Your Knowledgedoi:10.1002/9781118266885.ch56Don M. ChanceJohn Wiley & Sons, Inc....
We discuss 5 different theories of the term structure of interest rates. Each of the different theories of the term structure has certain implications for the shape of the yield curve as well as the interpretation of forward rates. The five theories are the unbiased expectations ...
Sensorimotor stage (0 to 2 years old):Children use their senses to develop their initial understandings of the world. At first, they lack understanding of simple concepts likeobject permanence(something exists even when they can’t see it), but these skills develop during the first 2 years of...
Not only do those models obscure the distinction between successional and cross-scientific relations, their preoccupations with the structures of both theories and things provide no means for accommodating the contributions to various sciences of theories and research about long-term diachronic processes ...
Public management research developstheories of the middle range, addressing issues that fall between routine activities and the normative questions of social theory. Their efforts coalesce around a concept which one essayist, Linda Kaboolian, identifies astheories of the middle range. This term, while...
However, because the abyssal water has different properties to that of the ventilated thermocline and because eddy effects are predominantly adiabatic, explicit diapycnal diffusion remains an important term in the thermodynamic equation, although its effect on mixing water masses is small.Abstract The ...
that the structure of scientific theory is solely mathematical. They argue that we should remain at the mathematical level, rather than move up (or down) a level, into foundations of mathematics. A central question for the Semantic View is: which mathematical models are actually used in science...
Conspiracy theories are defined as explanations for significant events and circumstances as outcomes of secret actions by powerful individuals or groups who aim to suit their interests at the expen...
In the general introduction to our study outlining the principles and goals of the present inquiry use has been made of a certain set of notions first put forward by T. S. Kuhn in his now famous Structure of Seientific Revolutions, in particular the conc
The motivation for this work began with the concept of the science of design,1which studies design phenomena, whether process or artifact. At the same time, as pointed out for example by Cross,2framing the science of design using theories drawn from either the traditional sciences or the human...