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The proposition that inflation expectations can be extracted as inflation predictions from the government bond yield … of inflation. Examining the sub-periods separated by the adoption, in 2000, of inflation targeting, we find that the … monetary policy regime shift strengthened the relationship between the yield spread and future inflation. The results suggest …
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This paper investigates the effects of inflation news coverage on market-based inflation expectations and outcomes in … regarding specific topics, exerts a significant influence on inflation compensation, expectations, and risk premiums. We observe … contributes to the understanding of media influence on financial markets, specifically in shaping inflation expectations. …
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losses for the ECB and try to assess inflation dangers stemming from the 3Y LTROs. In the same section, we also look at the …
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In the present paper we analyse whether fundamental macroeconomic factors, temporary influences or more structural factors have contributed to the recent decline in bond yields in the US. For that purpose, we start with a very general model of interest rate determination in which risk premia are...
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