The conflicting claims approach to the theory of inflation so thoroughly surveyed and well
presented in Chapter 8 of Lavoie's [(2022). Post-Keynesian Economics. New Foundations …

Abstract Utilizing the Federal Reserve Bank of Atlanta's Business Inflation Expectations (BIE)
survey, which has been continuously collecting subjective probability distributions over own …

Abstract Since the Federal Open Market Committee announced a 2% inflation target in
2012, the median long‐run inflation forecast of professional forecasters has been near …

We propose a novel, survey-based measure of nominal marginal cost expectations held by
business decision makers to track building inflationary pressures and augment the existing …

We examine whether changes in the distribution of household inflation expectations contain
information on future inflation. We first discuss recent shifts in micro data from the US, UK …

This paper introduces a novel measure of consumer inflation expectations: We elicit and
combine inflation forecasts across categories of personal consumption expenditure to form …

In this paper we apply economic narratives to inflation forecasting using a large news corpus
and machine learning algorithms. We measure economic narratives quantitatively from the …

One of the main challenges monetary policymakers face is predicting the trajectory of short-
term inflation, especially considering the consistently flat Phillips curve observed in recent …

Inflation expectations have an impact on one's economic behavior. We show that the
inflation expectations of professional forecasters and consumers are predicted by very …

In this paper, we forecast euro area inflation and its main components using a massive
number of time series on survey expectations obtained from the European Commission's …