GEMET
General
Multilingual
Environmental
Thesaurus
time-horizon mismatch
Definition

systematic long-term risk mispricing and reduction of the diversity of investments between issuers of securities (mostly long-term), intermediaries (mostly short-term) and beneficiaries (mostly long-term) that leads to a short-term focus on risk metrics and incentives, amplifying the mispricing of actual risk and opportunities

Related terms
Broader:
Themes:
Other relations
Scope note

Scope note is not available.

Concept URL: http://www.eionet.europa.eu/gemet/concept/15393