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...
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| Format: | Revue |
| Langue: | English |
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Washington, D.C. :
International Monetary Fund,
2022.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2022/072 |
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| Accès en ligne: | Full text available on IMF |