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

0 τ ρ e K s x t d s = ρ ( I e K t ) K 1 x t = ρ M 1 , τ x t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaa8qmaeaacu aHbpGCgaqbaaWcbaGaaGimaaqaaiabes8a0bqdcqGHRiI8aOGaamyz amaaCaaaleqabaGaeyOeI0Iaam4saiaadohaaaGccaqG4bWaaSbaaS qaaiaadshaaeqaaOGaaeizaiaadohacqGH9aqpcuaHbpGCgaqbamaa bmaabaGaamysaiabgkHiTiaadwgadaahaaWcbeqaaiabgkHiTiaadU eacaWG0baaaaGccaGLOaGaayzkaaGaam4samaaCaaaleqabaGaeyOe I0IaaGymaaaakiaabIhadaWgaaWcbaGaamiDaaqabaGccqGH9aqpcu aHbpGCgaqbaiqad2eagaqbamaaBaaaleaacaaIXaGaaiilaiabes8a 0bqabaGccaqG4bWaaSbaaSqaaiaadshaaeqaaaaa@5C4F@