Research and Policy Projects
Forecasting macroeconomic indicators of the Russian economy for the period up to 2030
Development of methodological recommendations on enhancement of revenue base of regional and local budgets in the Russian Federation
Comprehensive analysis of the the integration impact as well as of free trade areas creation on the status and development of the EEU members' economies (on the basis of the general equilibrium model CGE and MOB)
"Beyond Transition" Newsletter
Seminars and Conferences
Media Contacts


Subscribe to CEFIR Alert

Main page | Research and Policy Projects
Assessment of inflation expectations on the basis of data on prices of financial assets | 24-09-2012
Project Dates: May — August 2012

The project was implemented for the Central Bank of the Russian Federation.

Project Goal:

Assessment of inflation expectations of the financial markets on the basis of the prices of financial assets — government bonds of the Russian Federation.

Projects Objectives were:

  • building up adequate historical database for the bond yield curve, defined as the correlation between the yield to maturity and term to maturity over time;

  • selection and justification for the relevant econometric method of assessment with federal loan bonds using from those being discussed in the academic and applied literature to estimate inflation expectations on the basis of data on the term structure of interest rates.
Nakhimovsky prospect 47, office 920 & 720 117418 Moscow Russia
Phone: +7 (495) 925 5002 Fax: +7 (495) 925 5003
E-mail: cefir (at)
Centre for Economic and Financial