Uncovering Financial Markets Beliefs About Inflation Targets


  • Cahiers de recherche


  • This paper exploits the term structure of interest rates to develop testable economic restrictions on the joint process of long-term interest rates and inflation when the latter is subject to a targeting policy by the Central Bank.

fecha de publicación

  • 1998

Líneas de investigación

  • Economic Models
  • Expectations
  • Inflation


  • 9803