Inflation linked bonds and monetary policy

This paper characterizes the demand of inflation indexed bonds under inflation targeting and price level targeting. The two main findings are the following. The demand of inflation linked bonds is higher under inflation targeting than under price level targeting. The demand of inflation linked bonds...

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Detalhes bibliográficos
Autor principal: Ceccacci, Silvia (author)
Outros Autores: Marchesiani, Alessandro (author), Pecchi, Lorenzo (author)
Formato: article
Idioma:eng
Publicado em: 2007
Assuntos:
Texto completo:http://hdl.handle.net/1822/12195
País:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/12195