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SSRNEconometrics & Forecasting

Rationally Turbulent Expectations Chapter 4: Cumulant Hierarchy

The book portrays the capital market as a rational learning entity, with expectations often more unstable than the trends they try to forecast.

Featured in No. 91 on 2 Apr 2025 · 6 days after release · 0 citations today

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27 Mar 2025
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No. 91 · 2 Apr 2025
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SSRN 5196021

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