Nominal Interest Rates as Indicators of Inflation Expectations

This paper evaluates the properties of nominal interest rates as indicators of inflation expectations. Are they unbiased? How precise are they? To arrive at robust results, a range of different methods are applied on several S and UK data sets. The results show that the interest rate level is a reasonably good indicator of the level of inflation expectations. However, changes in interest rates are poor indicators of changes in inflation expectations

MoreLess

Year of publication:	2013
Authors:	Söderlind, Paul
Publisher:	[2013]: [S.l.] : SSRN
Subject:	Inflationserwartung \| Inflation expectations \| Zins \| Interest rate \| Wirtschaftsindikator \| Economic indicator \| Theorie \| Theory \| Großbritannien \| United Kingdom \| Schätzung \| Estimation \| Realzins \| Real interest rate \| Inflation

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (26 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Scandinavian Journal of Economics, Vol. 100, No. 2, pp. 457-472, 1998 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 2, 1997 erstellt
Classification:	E31 - Price Level; Inflation; Deflation ; E43 - Determination of Interest Rates; Term Structure Interest Rates ; E44 - Financial Markets and the Macroeconomy ; G12 - Asset Pricing
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013095891