Browsing Faculté des arts et des sciences – Département de sciences économiques by Subject "nonlinear rational expectations models"
Now showing items 1-1 of 1
-
Uncovering Financial Markets Beliefs About Inflation Targets
(Université de Montréal. Département de sciences économiques., 1998)This paper exploits the term structure of interest rates to develop testable economic restrictions on the joint process of long-term interest rates and inflation when the latter is subject to a targeting policy by the Central Bank. Two competing models ...