| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w5877 |
| 来源ID | Working Paper 5877 |
| New Techniques to Extract Market Expectations from Financial Instruments | |
| Paul Soderlind; Lars E. O. Svensson | |
| 发表日期 | 1997 |
| 出版年 | 1997 |
| 语种 | 英语 |
| 摘要 | This paper is a selective survey of new or recent methods to extract information about market expectations from asset prices for monetary policy purposes. Traditionally, interest rates and forward exchange rates have been used to extract expected means of future interest rates, exchange rates and inflation. More recently, these methods have been refined to rely on implied forward interest rates, so as to extract expected future time-paths. Very recently only the means but the whole (risk neutral) probability distribution from a set of option prices. |
| 主题 | Macroeconomics ; Money and Interest Rates ; Monetary Policy |
| URL | https://www.nber.org/papers/w5877 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/563371 |
| 推荐引用方式 GB/T 7714 | Paul Soderlind,Lars E. O. Svensson. New Techniques to Extract Market Expectations from Financial Instruments. 1997. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w5877.pdf（2247KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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