Shocks to Inflation Expectations /
The consensus among central bankers is that higher inflation expectations can drive up inflation today, requiring tighter policy. We assess this by devising a novel method for identifying shocks to inflation expectations, estimating a semi-structural VAR where an expectation shock is identified as t...
| Autor Principal: | |
|---|---|
| Outros autores: | |
| Formato: | Revista |
| Idioma: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2022.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2022/072 |
| Subjects: | |
| Acceso en liña: | Full text available on IMF |