study, quantifies the size and dynamics of two such premiums: one is related to the inflation uncertainty in a nominal risk …This paper sets out to quantify, with the use of a consumption-based CAMP, the risk premiums inherent in the Israeli …-free bond, and the other is related to the inflation uncertainty in an index-linked bond, caused by indexation lag. …

A vast literature exists that measures the amount of real GDP that is lost when trend inflation is lowered by a … constrains the disinflation episodes to be ones where trend inflation at the start of an episode is low or moderate. All cases of … high inflation, and even hyperinflations, are automatically discarded in the literature. This paper seeks to address what …

In command economies, inflation is either absent or at least unrelated to supply and demand. However, when the … economies in Eastern Europe started transforming into market economies, they suddenly experienced high and volatile inflation … rates. Transformation countries are therefore interesting laboratories for studying individual inflation aversion. In this …