Decomposing Euro Area Sovereign Debt Yields into Inflation Expectations and Expected Real Interest Rates
Decomposing Euro Area Sovereign Debt Yields into Inflation Expectations and Expected Real Interest Rates
Author(s): Rajmund Mirdala
Subject(s): Economy, Supranational / Global Economy
Published by: ASERS Publishing
Keywords: sovereign; debt yields; inflation; interest; rate
Summary/Abstract: Recent macroeconomic development in the Euro Area, characterized by persisting deflationary pressures, induces fundamentally different background for the economic policy framework and related institutions experimenting with a convenient policy mix to provide growth incentives and improve growth perspectives in the Euro Area.
Book: The Euro Area and the Economic Crisis
- Page Range: 103-128
- Page Count: 26
- Publication Year: 2016
- Language: English
- Content File-PDF