Research Discussion Paper – RDP 2011-01 Estimating Inflation Expectations with a Limited Number of Inflation-indexed Bonds


The authors thank Rudolph van der Merwe for help with the central difference Kalman filter, as well as Adam Cagliarini, Jonathan Kearns, Christopher Kent, Frank Smets, Ian Wilson and an anonymous referee for useful comments and suggestions, and Mike Joyce for providing UK data. Responsibility for any remaining errors rests with the authors. The views expressed in this paper are those of the authors and are not necessarily those of the Reserve Bank of Australia.