reflexive knowledge. Knowledge used to broadly examine the assumptions, context, and moral-value positions of basic or applied social. research, including the research process itself and the. implications of what is learned; What are the implications of. reflexive knowledge for moral principles, such as justice,
Duration is defined as the length of time that something lasts. When a film lasts for two hours, this is an example of a time when the film has a two hour duration. duration. duration.
DEFINITION of 'Empirical Duration'. The calculation of a bond's duration based on historical data.Empirical duration is estimated statistically using historical market-based bond prices and historical market-based Treasury yields.egression analysis is the statistical process used to estimate empirical duration. Duration is the percentage change in a bond's price with a 100-basis-point change in yield.