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are long term inflation expectations ''well anchored'' ? Using monthly data since 2003, plot a measure of long term inflation expectations based on the difference
are long term inflation expectations ''well anchored'' ? Using monthly data since 2003, plot a measure of long term inflation expectations based on the difference between the yields on a five-year treasury bond (FRED code :GS5) and a five-year treasury inflation-protected securities (TIPS) bond FRED code : FII5) . What do you conclude? how did the financial crisis of 2007-2009affect the measure
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Principles of Economics
Authors: Robert Frank, Ben Bernanke
5th edition
73511404, 978-0073511405
