, inflation, and inflation expectation. However, existing literature falls short in endogenizing inflation expectation together … curve. Inflation expectation is treated as a function of state variables and we use survey data as its observations. We find …

Inflation expectation is acknowledged to be an important indicator for policy makers and financial investors. To … capture a more accurate real-time estimate of inflation expectation on the basis of financial markets, we propose an arbitrage …-free model across different countries in a multi-maturity term structure, where we first estimate inflation expectation by …

ation, and in Nation expectation. However, existing literature falls short in endogenizing inflation expectation together … curve. Inflation expectation is treated as a function of state variables and we use survey data as its observations. We find …

, inflation, and inflation expectation. However, existing literature falls short in endogenizing inflation expectation together … curve. Inflation expectation is treated as a function of state variables and we use survey data as its observations. We find …

Inflation expectation is acknowledged to be an important indicator for policy makers and financial investors. To … capture a more accurate real-time estimate of inflation expectation on the basis of financial markets, we propose an arbitrage …-free model across different countries in a multi-maturity term structure, where we first estimate inflation expectation by …

Japanese monetary base expands faster than the US monetary base. An impact of monetary base expansion on the inflation … expectation is not confirmed. Findings are consistent with a view that QE is effective, by lowering the long-term interest rate …