The expected, perceived, and realized inflation of us households before and during the covid19 pandemic
As the pandemic spread across the US, disagreement among US households about inflation
expectations surged along with the mean perceived and expected level of inflation …
expectations surged along with the mean perceived and expected level of inflation …
Inflation levels and (in) attention
Inflation expectations are key determinants of economic activity and are central to the current
policy debate about whether inflation expectations will remain anchored in the face of recent …
policy debate about whether inflation expectations will remain anchored in the face of recent …
Would households understand average inflation targeting?
Yes, they would. In a randomized control trial, we provide groups of respondents from the
Bundesbank Online Panel Households with information about a hypothetical alternative …
Bundesbank Online Panel Households with information about a hypothetical alternative …
Low passthrough from inflation expectations to income growth expectations: why people dislike inflation
We implement a novel methodology to disentangle two-way causality in inflation and income
expectations in a large, nationally representative survey of US consumers. We find a 20 …
expectations in a large, nationally representative survey of US consumers. We find a 20 …
Firms' inflation expectations: New evidence from France
Using a new survey of firms' inflation expectations in France, we provide novel evidence
about the measurement and formation of inflation expectations on the part of firms. First …
about the measurement and formation of inflation expectations on the part of firms. First …
Should the ECB adjust its strategy in the face of a lower r★?
We address this question using an estimated New Keynesian DSGE model of the Euro Area
with trend inflation, imperfect indexation, and a lower bound on the nominal interest rate. In …
with trend inflation, imperfect indexation, and a lower bound on the nominal interest rate. In …
Inflation expectations and their role in Eurosystem forecasting
This paper summarises the findings of the Eurosystem's Expert Group on Inflation
Expectations (EGIE), which was one of the 13 work streams conducting analysis that fed into …
Expectations (EGIE), which was one of the 13 work streams conducting analysis that fed into …
Zero lower bound on inflation expectations
Y Gorodnichenko, D Sergeyev - 2021 - nber.org
We document a new fact: in US, European and Japanese surveys, households do not
expect deflation, even in environments where persistent deflation is a strong possibility. This …
expect deflation, even in environments where persistent deflation is a strong possibility. This …
The macroeconomic expectations of US managers
EML McClure, V Yaremko, O Coibion… - Journal of Money …, 2024 - Wiley Online Library
Using responses obtained through the Nielsen Homescan panel survey, we explore the
differences between managers' and nonmanagers' expectations and perceptions of inflation …
differences between managers' and nonmanagers' expectations and perceptions of inflation …
Inflation Expectations, Inflation Target Credibility, and the COVID‐19 Pandemic: Evidence from Germany
Using the exact wording of the European Central Bank's definition of price stability, we
started a representative online survey of German citizens in January 2019 that is designed …
started a representative online survey of German citizens in January 2019 that is designed …