Does the level of the yield curve predict inflation?

Huseyin Kaya

Applied Economics Letters, 2014, vol. 21, issue 7, 477-480

Abstract: This article addresses the issue of forecasting inflation using the term structure of interest rates. I use several measures for the level and the slope of the yield curve and investigate their predictive content for inflation. The results show that the forecasting performance of the indicators varies across countries. The findings suggest that the level of the yield curve is a better predictor for inflation than the slope of the yield curve.

Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2013.868582 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:21:y:2014:i:7:p:477-480

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2013.868582

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().