This paper evaluates the properties of nominal interest rates as indicators of inflation expectations. Are they … 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 …

(Applied Financial Economics, 13, 693-700, 2003) on inflation and output on stock returns and volatility is extended by … inflation, output growth, and interest rate, has weak predictor power on stock market volatility and returns. In line with the …

International co-movements in inflation and interest rates have been separately documented by numerous empirical …-movements. To this end, we estimate a high-dimensional dynamic common factor model of national inflation rates and short- and long … inflation fluctuations that are orthogonal to commodity prices …

The purpose of this study is to find the effect of the exchange rate, Gross Domestic Product (GDP), inflation, and the …), inflation has a negative but insignificant effect on DDI, while the interest rate regression coefficient has a positive sign … significant effect on DDI in Indonesia in the period of 2000-2018. Each inflation and IDR/US $ exchange rate has a negative and …

The past half-century has seen major shifts in inflation expectations, how inflation comoves with the business cycle … on how inflation is priced in financial markets. Not all inflation episodes are created equal. We therefore discuss asset … pricing implications of "good” and "bad” inflation from the vantage point of macroeconomic shocks that drive the economy. We …

This paper examines the relationship between nominal interest rate and the expected inflation rate for the Turkish … economy between 2002 and 2009, a period when the inflation-targeting regime was implemented as monetary policy. We use the … actually influenced the real long-term interest rates; the inflation targeting regime pursued by the Central Bank of Turkey is …

This paper examines the drivers of fluctuations in global inflation, defined as a common factor across monthly headline … consumer price index (CPI) inflation in G7 countries, over the past half-century. We estimate a Factor-Augmented Vector … in global inflation. Second, the contribution of global demand and oil price shocks increased over time, from 56 percent …

interest rate, the study found evidence for the popular Fisher's effect and, then, suggested that inflation targeting should be …

investigates the implications of euro adoption in the Slovak Republic for inflation and interest rates with an attempt to quantify … raise the Slovak inflation rate above the euro area level. As capital markets have already fully priced in euro membership …