"adaptive expectations hypothesis"

CFA Level I
#1

which LOS discussed this concept: “adaptive expectations hypothesis”? Thanks

#2

Like your other post, are you sure this isn’t a lvl 2 item?

#3

come on, this is about inflation, absolutely Level I

#4

I believe it was a part of the 2006 curriculum, and is no longer part of the curriculum starting 2007 onwards. I remember a question on the CFAI mock on this topic in Dec, when I prepared.

#5

shuzhen - i’m getting the sense you’re trying to prepare without the materials. yes?

#6

hopefully it won’t appear in this June. thanks for jumping out and clarifying cpk123 Wrote: ------------------------------------------------------- > I believe it was a part of the 2006 curriculum, > and is no longer part of the curriculum starting > 2007 onwards. I remember a question on the CFAI > mock on this topic in Dec, when I prepared.

#7

I have never see it on our material, just remember that if inflation is constant consumers will systematically underestimate the rate of inflation