Fig. 3
From: Understanding Swiss real interest rates in a financially globalized world
Interest rate decompositions. This figure shows the decomposition of 10-year nominal rates (first plot) into a real rate component (second plot) and inflation expectations (third plots). Interest and inflation rates are expressed in percentage points. The computation of inflation expectations is detailed in Sect. A.2. The blue line and the dashed red line, respectively, correspond to Germany and Japan. The grey dots correspond to the other 14 countries of the Jordà et al. (2015) database