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Inflation-Indexed Securities and Inflation Risk Management
February 10, 2009
Overview Inflation-indexed securities such as TIPS have become increasingly important instruments for investors, policy makers, and treasury departments. Moreover, the market in inflation derivatives has been growing. While TIPS are young compared to inflation-indexed markets in some other countries, data on TIPS now provide researchers with a history spanning over a decade, allowing deeper analysis of fundamental questions in macro-finance, pricing, and risk management. The conference brings together experts in inflation pricing and hedging, inflation-indexed issuer asset-liability management, and macroeconomics. A highlight of the conference will be the panel consisting of leading academics, current and former Federal Reserve and Treasury officials, and practitioners, discussing the welfare implications of inflation-protected securities.
Audience The conference is open to academics, market participants, and other researchers in the field of economics. It is closed to the media.