Recent research has begun to examine what information the term structure of interest rates
contains about future inflation. Mishkin [1990] examines the term structure for US Treasury …

This empirical analysis indicates that for maturities of six months or less, the term structure of
nominal interest rates provides almost no information about the future path of inflation but …

The one-year expected inflation rate and the expected real return on one-year bonds move
opposite one another. The result is that the term structure shows little power to forecast near …

Empirical analysis of data from ten OECD countries indicates that, except for France, the
United Kingdom, and Germany, the shorter maturity term structure does not contain a great …

This paper extends previous work on the information in the US term structure at longer
maturities to Britain, West Germany, and Switzerland. We find strong evidence that the term …

We reexamine the expectations theory of the term structure using data at the short end of the
maturity spectrum. We find that prior to the founding of the Federal Reserve System in 1915 …

This paper studies the usefulness of spreads between interest rates of different maturities as
indicators of future inflation and real interest rates in Germany, using monthly data starting in …

I use a statistical model to combine various surveys to produce a term structure of inflation
expectations—inflation expectations at any horizon—and an associated term structure of …

This paper provides some refinements and updating of Fama's (1984) evidence on the
information in the term structure about future spot interest rate movements. First, it uses …

ABSTRACT I use weekly Treasury‐bill rates with maturities of one to twenty‐six weeks to
examine the information in forward rates during the 1970s and 1980s. Forward rates contain …