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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Detalles Bibliográficos
Autor principal: Bems, Rudolfs
Otros Autores: Caselli, Francesca, Grigoli, Francesco, Gruss, Bertrand
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2018.
Colección:IMF Working Papers; Working Paper ; No. 2018/280
Acceso en línea:Full text available on IMF

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