Gürkaynak, Refet S.; Levin, Andrew T.; Marder, Andrew N.; … - In: Journal Economía Chilena (The Chilean Economy) 9 (2006) 3, pp. 19-52
We investigate the extent to which long-run inflation expectations are well anchored in Canada, Chile, and the United States, using a high-frequency event-study analysis. Specifically, we use daily data on far-ahead forward inflation compensation as an indicator of financial market perceptions...