Söderlind, Paul (contributor) - 2006
(and achieve
a social optimum) than for policies that target only one of them.
Keywords: inflation risk premium, equity … risk premium, term premium, an-
nouncement effects.
JEL Classification Numbers: E52, E44, G12.
University of St. Gallen … inflation risk premium on nominal interest rates, the risk premium on a long-lived
consumption claim (the “equity risk premium …