Treasury Bill Futures as Hedges Against Inflation Risk
收藏NBER1987-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2322
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资源简介:
An important risk facing agents in a monetary economy arises from inflation uncertainty: in the U.S. for the 1953-84 period, unexpected quarterly inflation had a standard deviation of 2.1%. The costs of such uncertainty are likely to be even higher for multi-year contracts, since we estimate that a
提供机构:
美国国家经济研究局
创建时间:
1987-07-01



