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https://hdl.handle.net/10419/60890
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Roush, Jennifer | en |
dc.contributor.author | Dudley, William | en |
dc.contributor.author | Ezer, Michelle Steinberg | en |
dc.date.accessioned | 2010-04-30 | - |
dc.date.accessioned | 2012-08-17T14:36:15Z | - |
dc.date.available | 2012-08-17T14:36:15Z | - |
dc.date.issued | 2008 | - |
dc.identifier.uri | http://hdl.handle.net/10419/60890 | - |
dc.description.abstract | Several studies have shown that, ex-post, the issuance of Treasury Inflation-Protected Securities (TIPS) has cost U.S. taxpayers money. We propose that evaluations of the TIPS program be more comprehensive and focus on the ex-ante costs of TIPS issuance versus nominal Treasury issuance and, especially when these costs are negligible, the more difficult-to-measure benefits of the program. Our study finds that the ex-ante costs of TIPS issuance versus nominal Treasury issuance are currently about equal and that TIPS provide meaningful benefits to investors and policymakers. | en |
dc.language.iso | eng | en |
dc.publisher | |aFederal Reserve Bank of New York |cNew York, NY | en |
dc.relation.ispartofseries | |aStaff Report |x353 | en |
dc.subject.jel | H63 | en |
dc.subject.jel | G10 | en |
dc.subject.jel | E6 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Inflation-indexed debt | en |
dc.subject.keyword | Treasury Inflation-Protected Securities (TIPS) | en |
dc.subject.keyword | liquidity premium | en |
dc.subject.keyword | inflation risk premium | en |
dc.subject.stw | Schatzpapier | en |
dc.subject.stw | Indexierung | en |
dc.subject.stw | Kosten-Nutzen-Analyse | en |
dc.subject.stw | USA | en |
dc.title | The case for TIPS: An examination of the costs and benefits | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 58756461X | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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