A new summary measure of inflation expectations

George Kapetanios; Becky Maule; Garry Young

doi:10.1016/j.econlet.2016.10.010

A new summary measure of inflation expectations

George Kapetanios, Becky Maule, Garry Young^*

^*Corresponding author for this work

King's Business School

Bank of England

Research output: Contribution to journal › Article › peer-review

3 Citations (Scopus)

269 Downloads (Pure)

Abstract

This note uses the well-known Nelson–Siegel approach to modelling the term structure of interest rates to construct a summary measure of the term structure of inflation expectations from a diverse set of indicators. The proposed measure captures the signal contained in UK surveys and provides some information for monetary policymakers.

Original language	English
Pages (from-to)	83-85
Number of pages	3
Journal	ECONOMICS LETTERS
Volume	149
Early online date	24 Oct 2016
DOIs	https://doi.org/10.1016/j.econlet.2016.10.010 https://doi.org/10.1016/j.econlet.2016.10.010
Publication status	Published - 1 Dec 2016

Keywords

Inflation expectation
Term structure

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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A new summary measure_KAPETANIOS_Accepted9October2016_GREEN AAMAccepted author manuscript, 689 KBLicence: CC BY-NC-ND

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DO - 10.1016/j.econlet.2016.10.010

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JO - ECONOMICS LETTERS

JF - ECONOMICS LETTERS

ER -

A new summary measure of inflation expectations

Abstract

Keywords

UN SDGs

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