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...
Main Author: | |
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Other Authors: | , |
Format: | article |
Language: | eng |
Published: |
2007
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Subjects: | |
Online Access: | http://hdl.handle.net/1822/12195 |
Country: | Portugal |
Oai: | oai:repositorium.sdum.uminho.pt:1822/12195 |