This paper analyzes how bounded rationality affects monetary and fiscal policy via an
empirically relevant enrichment of the New Keynesian model. It models agents' partial …

Relationship lending may create benefits for borrowers by reducing information
asymmetries. However, empirical evidence is mixed. We conduct a meta-analysis to …

Treasury Inflation-Protected Securities (TIPS) are frequently thought of as risk-free real
bonds. Using no-arbitrage term structure models, we show that TIPS yields exceeded risk …

This study has the objective to analyze the effect that occurs between Indonesian Bank (BI)-
rate, Foreign Exchange Rates, Money Supply, oil price and gold prices on Inflation, its …

This paper studies the term structure of real rates, expected inflation, and inflation risk
premia. The analysis is based on new estimates of the real term structure derived from the …

The paper examines the mechanism through which the real interest rate establishes a
negative impact on economic growth in transitory economies. We Used dynamic panel data …

Fluctuations in energy prices impact production costs and inflation. This study examines
whether inflation data can predict volatility in energy markets. Both inflation and energy …

This paper estimates the size and dynamics of inflation risk premia in the euro area, based
on a joint model of macroeconomic and term structure dynamics. Information from both …

Several hypotheses have been proposed to explain the stock return–inflation relation. The
Modigliani and Cohn's inflation illusion hypothesis has received renewed attention. Another …

Rational partisan theory's exclusive focus on electoral uncertainty ignores the importance of
policy uncertainty for the economy. I develop a theory of policy risk to account for this …