Tips from TIPS: Update and Discussions

D'Amico, Kim, and Wei use a no-arbitrage term structure model to decompose TIPS inflation compensation into three components: inflation expectation, inflation risk...达米科（D'Amico）、金（Kim）与韦（Wei）采用无套利期限结构模型（no-arbitrage term structure model），将通胀保值债券（Treasury Inflation-Protected Securities, TIPS）的通胀补偿分解为三个组成部分：通胀预期、通胀风险……