In this paper we estimate inflation expectations for several Latin American countries using an affine model that takes as factors the observed inflation and the parameters generated from zero-coupon yield curves of nominal bonds. By implementing this approach, we avoid the use of...

The results of the Bank Lending Survey show that during 2017 Q4 credit standards for new loans in Spain eased slightly in loans to households and were stable in loans to enterprises. The yield curve for US government debt securities has flattened significantly since late 2016 and its slope,...