منابع مشابه
New tips from TIPS: Identifying inflation expectations and the risk premia of break-even inflation
This paper decomposes the break-even inflation rates derived from inflation-indexed bonds into inflation risk premia, liquidity risk premia, and inflation expectations. I estimate a common factor model with autoregressive conditionally heteroscedastic (ARCH) errors that extracts co-movements from twentytwo monthly and quarterly indicators to identify these three components. The results indicate...
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We revise the classic methodology to find the multi-product break-even point. In the current paper we propose a solution to the problem under uncertainty conditions, based on Durán Herrera’s crisp approach [3] and applying fuzzy linear programming. We introduce the concept of approximate break-even for cases in which, due to the nature of the problem, it is not possible to find the break-even p...
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Attempts to construct a unified supersymmetric theory of all fundamental interactions are of great interest now. Supersymmetric theories have many advantages over the standard theories. However there exist also some problems specific to supersymmetric theories. One of such problems is the problem of symmetry breaking in SUSY GUTs. It is well-known that the effective potentials V(ct» in supersym...
متن کاملBreak-Even Inflation Rate and the Risk Premium: An Alternative Approach to the VAR Models in Forecasting the CPI
This paper examines, for the Brazilian case, if break-even inflation rates (BEIR) extracted from fixed income securities is an unbiased estimator of consumer inflation, measured by the CPI. Our estimates suggest that BEIRs are informative about future inflation, especially for the maturity of three months. The main innovation of our work, however, is the method used for estimation, allowing us ...
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This article examines the relationship between inflation and inflation uncertainty in the Turkish economy in this period 2004:01-2014:12. This relationship is explored in two ways: a) with the effect of structural breaks; b) without the effect of structural breaks. In fact, with regard to the main structural break have occurred over this period, we examine whether structural break has affected ...
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ژورنال
عنوان ژورنال: The Engineering Economist
سال: 1986
ISSN: 0013-791X,1547-2701
DOI: 10.1080/00137918608902956