scholarly journals Growth-Indexed Bonds and Debt Distribution: Theoretical Benefits and Practical Limits

2018 ◽  
Author(s):  
Julien Acalin
Keyword(s):  
Indexed Bonds

Inflation – Indexed Bonds and Derivatives

2019 ◽  
Author(s):  
Evelyn Kwanti ◽  
chesya tjoputra
Keyword(s):  
Indexed Bonds

scholarly journals Indexed bonds and revisions of inflation expectations

2010 ◽  
Vol 6 (4) ◽  
pp. 537-554 ◽  
Author(s):  
Andreas Reschreiter
Keyword(s):  
Inflation Expectations ◽  
Indexed Bonds

Estimating the New Keynesian Phillips Curve for the UK: evidence from the inflation-indexed bonds market

2017 ◽  
Vol 18 (1) ◽  
Author(s):  
Hardik A. Marfatia
Keyword(s):  
Phillips Curve ◽  
New Keynesian ◽  
Inflation Expectations ◽  
New Keynesian Phillips Curve ◽  
Indexed Bonds ◽  
Unobserved Component ◽  
Expected Inflation ◽  
Component Approach ◽  
Unobserved Component Model ◽  
The Uk

Abstract This paper utilizes the information in the inflation-indexed bonds market to estimate the New Keynesian Phillips Curve for the UK using an unobserved component approach. The main advantage of this approach comes from using the Kalman filter to explicitly estimate the unobserved expected inflation from the observed break-even inflation rates – the yield difference between the inflation-indexed bonds and the nominal bonds. Our results show that the expected inflation estimated from the unobserved component model plays a significant role in explaining the inflation dynamics in the UK. The evidence also suggests that the estimated inflation expectations are better able to capture the evolution of actual inflation process as compared to the break-even inflation rate as a proxy for expected inflation.

Pricing Growth-Indexed Bonds

2005 ◽  
Author(s):  
Marcos Chamon ◽  
Paolo Mauro
Keyword(s):  
Indexed Bonds
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