Back to the 1980s or Not? The Drivers of Inflation and Real Risks in Treasury Bonds
收藏NBER2023-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w30921
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资源简介：
I use nominal and real bond risks as new moments to discipline a New Keynesian asset pricing model, where supply shocks, demand shocks, and monetary policy are the fundamental drivers of inflation. Endogenously time-varying risk premia imply that nominal bond risksas measured by their stock market
提供机构：
美国国家经济研究局
创建时间：
2023-02-01
