RDP 2011-01: Estimating Inflation Expectations with a Limited Number of Inflation-indexed Bonds Equation (A1)

P t , τ = E t ( M t + τ r M t r x t + τ ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiuamaaBa aaleaacaWG0bGaaiilaiabes8a0bqabaGccqGH9aqptuuDJXwAK1uy 0HMmaeHbfv3ySLgzG0uy0HgiuD3BaGqbaiab=ri8fnaaBaaaleaaca WG0baabeaakmaabmaabaWaaSaaaeaacaWGnbWaa0baaSqaaiaadsha cqGHRaWkcqaHepaDaeaacaWGYbaaaaGcbaGaamytamaaDaaaleaaca WG0baabaGaamOCaaaaaaGccaWG4bWaaSbaaSqaaiaadshacqGHRaWk cqaHepaDaeqaaaGccaGLOaGaayzkaaaaaa@578A@