Understanding Inflation-Indexed Bond Markets

John Campbell, Robert Shiller and Luis Viceira

Yale School of Management Working Papers from Yale School of Management

Abstract: This paper explores the history of inflation-indexed bond markets in the US and the UK. It documents a massive decline in long-term real interest rates from the 1990's until 2008, followed by a sudden spike in these rates during the ?financial crisis of 2008. Break even inflation rates, calculated from inflation-indexed and nominal government bond yields, stabilized u

Date: 2009-05-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://repec.som.yale.edu/icfpub/publications/2587.pdf (application/pdf)

Related works:
Journal Article: Understanding Inflation-Indexed Bond Markets (2009)
Working Paper: Understanding Inflation-Indexed Bond Markets (2009)
Working Paper: Understanding Inflation-Indexed Bond Markets (2009)
Working Paper: Understanding Inflation-Indexed Bond Markets (2009)
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:ysm:wpaper:amz2587

Access Statistics for this paper

More papers in Yale School of Management Working Papers from Yale School of Management Contact information at EDIRC.
Bibliographic data for series maintained by ().