Home > Research > Publications & Outputs > The policy anticipation hypothesis and the expe...
View graph of relations

The policy anticipation hypothesis and the expected inflation hypothesis: Some new evidence using index linked bonds

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Published

Standard

The policy anticipation hypothesis and the expected inflation hypothesis: Some new evidence using index linked bonds. / Peel, David; Pope, Peter; Paudyal, K.

In: Economics Letters, Vol. 34, No. 2, 10.1990, p. 121-125.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Harvard

APA

Vancouver

Peel D, Pope P, Paudyal K. The policy anticipation hypothesis and the expected inflation hypothesis: Some new evidence using index linked bonds. Economics Letters. 1990 Oct;34(2):121-125. doi: 10.1016/0165-1765(90)90230-X

Author

Bibtex

@article{1136fe1fae75438ebfdaba9be6ce5e30,
title = "The policy anticipation hypothesis and the expected inflation hypothesis: Some new evidence using index linked bonds",
abstract = "Using price index linked and conventional bonds issued by the UK Government, estimates of expectedinflation and the expected real interest rate are derived. These estimates are employed to investigate the relationship between components of the nominal interest rate and surprise monetary change. The empirical results support the expectedinflationhypothesis rather than the policyanticipationhypothesis.",
author = "David Peel and Peter Pope and K. Paudyal",
year = "1990",
month = oct,
doi = "10.1016/0165-1765(90)90230-X",
language = "English",
volume = "34",
pages = "121--125",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier",
number = "2",

}

RIS

TY - JOUR

T1 - The policy anticipation hypothesis and the expected inflation hypothesis: Some new evidence using index linked bonds

AU - Peel, David

AU - Pope, Peter

AU - Paudyal, K.

PY - 1990/10

Y1 - 1990/10

N2 - Using price index linked and conventional bonds issued by the UK Government, estimates of expectedinflation and the expected real interest rate are derived. These estimates are employed to investigate the relationship between components of the nominal interest rate and surprise monetary change. The empirical results support the expectedinflationhypothesis rather than the policyanticipationhypothesis.

AB - Using price index linked and conventional bonds issued by the UK Government, estimates of expectedinflation and the expected real interest rate are derived. These estimates are employed to investigate the relationship between components of the nominal interest rate and surprise monetary change. The empirical results support the expectedinflationhypothesis rather than the policyanticipationhypothesis.

U2 - 10.1016/0165-1765(90)90230-X

DO - 10.1016/0165-1765(90)90230-X

M3 - Journal article

VL - 34

SP - 121

EP - 125

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

IS - 2

ER -