The predictive power of real interest rates for future inflation

Τριβυζάς, Γεώργιος

dc.contributor.advisor	Μαλλιαρόπουλος, Δημήτριος
dc.contributor.author	Τριβυζάς, Γεώργιος
dc.date.accessioned	2015-08-07T13:01:21Z
dc.date.available	2015-08-07T13:01:21Z
dc.date.issued	2001
dc.identifier.uri	https://dione.lib.unipi.gr/xmlui/handle/unipi/6986
dc.format.extent	103	el
dc.language.iso	en	el
dc.publisher	Πανεπιστήμιο Πειραιώς	el
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/	*
dc.subject	Interest rates	el
dc.subject	Επιτόκια	el
dc.subject	Inflation (Finance)	el
dc.subject	Πληθωρισμός (Οικονομία)	el
dc.subject	Οικονομετρικά μοντέλα	el
dc.subject	Econometric models	el
dc.title	The predictive power of real interest rates for future inflation	el
dc.type	Master Thesis	el
dc.contributor.department	Σχολή Χρηματοοικονομικής και Στατιστικής. Τμήμα Χρηματοοικονομικής και Τραπεζικής Διοικητικής	el
dc.identifier.call	332.4'1 ΤΡΙ	el
dc.description.abstractEN	This paper will mainly focus on whether real interest rates contain useful information for the expected inflation rate. It analytically explains the theoretical framework that allows the real rate to vary over time and we derive a model that will estimate the relationship between real interest rates and future inflation. It also includes the term structure in these regressions, in order to investigate whether the real rate contains useful information for inflation, over and above the information contained in the term structure. A series of papers have examined the information contained in the term structure about future inflation in the United States-see Fama and Gibbons (1982, 1984), Fama (1990), Mishkin (1988, 1990a, 1990b, 1991). The general finding is that the longer the time horizon the more information the term structure possesses about the future inflation. At the shortest end, i.e. for maturities up to six months, the term structure is found to have little predictive ability for inflation.	el
dc.contributor.master	Χρηματοοικονομική και Τραπεζική με κατεύθυνση στην Χρηματοοικονομική και Τραπεζική Διοικητική	el

Files in this item

Name:: Trivizas Georgios.pdf
Size:: 6.400Mb
Format:: PDF
Description:: Μεταπτυχιακή εργασία

View/Open

This item appears in the following Collection(s)

Τμήμα Χρηματοοικονομικής και Τραπεζικής Διοικητικής
Department of Banking & Financial Management

Show simple item record

Except where otherwise noted, this item's license is described as
Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές