Emerging Market Inflation-Linked Bonds
研究新兴市场通胀挂钩债券对投资组合的价值，发现加入这类债券能改善风险收益特征，且其回报与实际通胀正相关性高于名义债券。
Investigating the value added by inflation-linked bonds in investment portfolios in emerging markets, the author found that the inclusion of inflation-linked bonds improved the risk–return characteristics of investment portfolios in many of the emerging markets. He also found that inflation-linked bond returns correlate more positively with realized inflation than do nominal bonds, even in the short run. Thus, investors should consider adding emerging market inflation-linked bonds to their investment portfolios.