market segmentation theory

Market segmentation theory

A biased expectations theory that asserts that the shape of the yield curve is determined by the supply of and demand for securities within each maturity sector.

market segmentation theory

The theory that certain groups of investors are interested in particular types of investments to the exclusion of all others. For example, some investors purchase only short-term debt securities while others are interested only in long-term bonds. Likewise, certain individuals or institutions may limit their investments to common stock.
References in periodicals archive ?
LABOUR MARKET SEGMENTATION theory offers a useful framework for considering the pattern of worker participation in the construction industry.
Consequently, viewing construction labour market dynamics through the lens of labour market segmentation theory has the potential to reveal new insights into the industry and its practices.
Mitchell and McDade (1992) reconsider the market segmentation theory by focusing on property and liability insurance companies and find strong evidence of market segmentation.
Also, the aggregation problems (that is, whether the aggregation should be done on the basis of similarity of elasticities, marginal responses, or response function coefficients) of normative market segmentation theory (Tollefson and Lessig, 1978) are some of the factors that complicate the practical implications of market segmentation studies.
Contending that "the human capital perspective has not fared well," Dickens and Lang urge that labor market segmentation theory be "taken seriously" by economists and argue that it deserves an important position in the economist's toolbox.
The authors note that their main purpose is the elaboration of the market segmentation theory and its implications.
Conventional labor market segmentation theory suggests that secondary segment workers may not be prevented from nonemployment mobility simply based on job tenure.