CHRISTENSEN, JENS H. E.; LOPEZ, JOSE A.; RUDEBUSCH, GLENN D. - In: Journal of Money, Credit and Banking 42 (2010) s1, pp. 143-178
Differences between yields on comparable-maturity U.S. Treasury nominal and real debt, the so-called breakeven inflation (BEI) rates, are widely used indicators of inflation expectations. However, better measures of inflation expectations could be obtained by subtracting inflation risk premiums...