RDP 2011-01: Estimating Inflation Expectations with a Limited Number of Inflation-indexed Bonds
Equation (A2)
y
t
,
τ
r
=
−
log
(
P
t
,
τ
r
)
=
−
log
(
E
t
(
M
t
+
τ
r
M
t
r
)
)
.
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