Markus Jochmann () (University of Strathclyde) Gary Koop () (University of Strathclyde, Rimini Center for Economic Analysis.) Simon M. Potter () (Federal Reserve Bank of New York)
Additional information is available for the following
registered author(s):
This paper investigates the relationship between short-term and long-term ination expectations using daily data on ination compen- sation. We use a exible econometric model which allows us to uncover this relationship in a data-based manner. We relate our ndings to the issue of whether ination expectations are anchored, unmoored or contained. Our empirical results indicate no support for either unmoored or rmly anchored ination expectations. Most evidence indicates that ination expectations are contained.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by Rimini Centre for Economic Analysis in its series Working Paper Series with number
15-09.
Did you know? You can create a compilation of all publications of a group of people, say alumni of a program, your students or memers of an association.