Can Futures Market Data Be Used to Understand the Behavior of Real Interest Rates?
检验期货市场数据能否帮助理解实际利率，发现其信息量有限，质疑了此前相关研究结论，并建议未来研究另寻方法。
ABSTRACT This paper examines whether futures market data can be used to understand the behavior of real interest rates. Several ways of examining the data indicate that futures market data are not particularly informative about real interest rates. Not only does this evidence cast some doubt on results in previous research that make use of futures market data to draw inferences about real interest rates, but it also indicates that future research on real interest rates may need to turn to a different line of attack.