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词汇 adaptive expectations hypothesis
释义

Definition of adaptive expectations hypothesis in English:

adaptive expectations hypothesis

noun
Economics
  • The hypothesis that expectations of future values of a variable can be based primarily on its values in the recent past.

    〔经济〕适应性期望假设。比较RATIONAL EXPECTATIONS HYPOTHESIS

    Compare with rational expectations hypothesis
    Example sentencesExamples
    • First approach consists in applying the adaptive expectations hypothesis while in the second approach rational expectations are assumed.
    • The authors’ test results show that the German data are consistent with the adaptive expectations hypothesis and the Hungarian data are consistent with the rational expectations hypothesis.
    • A complete resolution of the model is carried out under the adaptive expectations hypothesis.
    • Other models of expectations formation, such as the adaptive expectations hypothesis, are briefly discussed.
    • A logically consistent specification of the adaptive expectations hypothesis in continuous time is derived from an underlying discrete time model.

Definition of adaptive expectations hypothesis in US English:

adaptive expectations hypothesis

noun
Economics
  • A hypothesis that supposes that expectations of future values of a variable can be based primarily on its values in the recent past.

    〔经济〕适应性期望假设。比较RATIONAL EXPECTATIONS HYPOTHESIS

    Compare with rational expectations hypothesis
    Example sentencesExamples
    • First approach consists in applying the adaptive expectations hypothesis while in the second approach rational expectations are assumed.
    • A logically consistent specification of the adaptive expectations hypothesis in continuous time is derived from an underlying discrete time model.
    • A complete resolution of the model is carried out under the adaptive expectations hypothesis.
    • The authors’ test results show that the German data are consistent with the adaptive expectations hypothesis and the Hungarian data are consistent with the rational expectations hypothesis.
    • Other models of expectations formation, such as the adaptive expectations hypothesis, are briefly discussed.
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