The sovereign's intention to issue inflation-linked bonds (ILB) is to save money. More than 15 years' experience with …

emerged as viable investment options. This includes a universe of inflation-linked bonds issued by emerging market governments …. Because of the real yields they offer and the potential for higher inflation in some emerging market countries, these bonds ….S. interest rates, and protection from inflation and currency risks in emerging markets …

-- Inflation ; normal bond ; inflation indexed bond ; WPI ; CPI ; purchasing power …

Inflation-linked bond markets have experienced significant growth in recent years. This growth is somewhat surprising …, for inflation-linked bonds cannot be considered a financial innovation and their development has taken place in a period … of historically low global inflation and inflation expectations. In this context, the purpose of this paper is twofold …

inflation on output is higher. In the extreme case without no price indexation at all (purely Calvo-type economy …This paper examines how price setting plays a key role in explaining the steady-state effects of inflation in a … through a generalization of the Calvo-type setting that allows the possibility of price indexation, i. e. prices may be …

Much of the opposition to indexation as a means of adapting to on going inflation arises from the view that indexation … association between indexation and inflation is in large part a consequence of the monetary and fiscal policies being followed by … deficits are in part financed through the printing of money. It is shown that all aspects of indexing -- wage indexation, bond …