Skip to content
RDP 2011-01: Estimating Inflation Expectations with a Limited Number of Inflation-indexed Bonds
Equation
y
t
,
τ
n
=
−
log
(
P
t
,
τ
n
)
=
−
log
(
E
t
(
M
t
+
τ
r
M
t
r
Q
t
Q
t
+
τ
)
)
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyEamaaDa aaleaacaWG0bGaaiilaiabes8a0bqaaiaad6gaaaGccqGH9aqpcqGH sislciGGSbGaai4BaiaacEgadaqadaqaaiaadcfadaqhaaWcbaGaam iDaiaacYcacqaHepaDaeaacaWGUbaaaaGccaGLOaGaayzkaaGaeyyp a0JaeyOeI0IaciiBaiaac+gacaGGNbWaaeWaaeaatuuDJXwAK1uy0H MmaeHbfv3ySLgzG0uy0HgiuD3BaGqbaiab=ri8fnaaBaaaleaacaWG 0baabeaakmaabmaabaWaaSaaaeaacaWGnbWaa0baaSqaaiaadshacq GHRaWkcqaHepaDaeaacaWGYbaaaaGcbaGaamytamaaDaaaleaacaWG 0baabaGaamOCaaaaaaGcdaWcaaqaaiaadgfadaWgaaWcbaGaamiDaa qabaaakeaacaWGrbWaaSbaaSqaaiaadshacqGHRaWkcqaHepaDaeqa aaaaaOGaayjkaiaawMcaaaGaayjkaiaawMcaaiaac6caaaa@6C46@