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Vurdering af forventet inflation og realrente

Author

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  • Knudsen, Dan

    (Danmarks Nationalbank)

Abstract

The expected rate of inflation is a crucial element in the ex ante real inte - rest rate, but is difficult to assesss. Relating the private savings balance to measures of the real interest rate after tax suggests that the formation of the expected rate of infla - tion is a sluggish process. Filtering the price series before calculating the price in - crease for the real rate of interest increases the explanatory power of the real interest rate measure.

Suggested Citation

  • Knudsen, Dan, 2002. "Vurdering af forventet inflation og realrente," Nationaløkonomisk tidsskrift, Nationaløkonomisk Forening, vol. 2002(1), pages 18-34.
    • Handle: RePEc:hhs:jdaecn:0220
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    More about this item

    Keywords

    inflation; realrente;

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

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