یک رویکرد مبتنی بر بازار به انتظارات تورمی، اجرت ریسک و نرخ بهره واقعی

The empirical exercise has been applied to an economy – like the Spanish one during the 90s – with an important convergence process and a change in the monetary policy regime. The results suggest that the evolution of inflation expectations has been smoother than was expected.