Expectations' Anchoring and Inflation Persistence /

Understanding the sources of inflation persistence is crucial for monetary policy. This paper provides an empirical assessment of the influence of inflation expectations' anchoring on the persistence of inflation. We construct a novel index of inflation expectations' anchoring using survey...

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Autor principal: Bems, Rudolfs
Altres autors: Caselli, Francesca, Grigoli, Francesco, Gruss, Bertrand
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2018.
Col·lecció:IMF Working Papers; Working Paper ; No. 2018/280
Accés en línia:Full text available on IMF

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