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IEP@BU Fellows

favero 2.0

Monetary policy

Measuring Term Premia for the Euro Area - Updated Version

Carlo Favero, Rubén Fernández-Fuertes, and Dev Srivastava provide historical estimates for the 10-year term premia from 2000 onwards for Germany, France, Spain, and Italy. After providing benchmark estimates for the term premia, users with specific expectations for the future path of monetary policy rates can construct the term premium consistent with them

 

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Stefano Feltri

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