EHTS


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EHTS

Emacs HyperText System.

An experimental multi-user hypertext system from the University of Aalborg. It consists of a text editor (based on Epoch and GNU Emacs and written in elisp) and a graphical browser (based on XView and written in C) running under the X Window System and OpenWindows. Both tools use HyperBase as their database.
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As a result, we concluded that in our sample period the long run validity of the EHTS hypothesis cannot be rejected for the relationships among interest rates up to six months maturity for Turkey.
Next section discusses some theoretical considerations of the EHTS and reviews the necessary condition.
The EHTS says that the long-term interest rates are a function of current and expected future short-term interest rates with a stationary risk premium.
Following these results it can be argued that the rank of the cointegration for each system is consistent with the prediction of the EHTS.
In contrast to Emacs, the EHTS Editor is an integrated part of the Hyperform development environment and uses the data storage and data-sharing capabilities of Hyperform to store class descriptions.
It is possible to customize and extend all parts of the EHTS Editor.