文章基本信息

标题：The rocky ride of break-even inflation rates
本地全文：下载
作者：Marielle de Jong ; Gilbert Cette
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2008
卷号：5
出版社：Economics Bulletin
摘要：The correlation matrix between break-even inflation rate movements and real interest rate movements across several countries shows puzzling features. Correlation is significantly positive for nearly all cross-border pairs whereas it is nil, positive or negative unsystematically within countries. By means of a correlation matrix decomposition, we give an explanation for this puzzle.
关键词：Inflation-linked bonds