The Effects of Economic Shocks on Heterogeneous Inflation Expectations /

In this paper, we examine how economic shocks affect the distribution of household inflation expectations. We show that the dynamics of households' expected inflation distributions are driven by three distinctive functional shocks, which influence the expected inflation distribution through dis...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Chang, Yoosoon
Tác giả khác: Gomez-Rodriguez, Fabio, Hong, Gee Hee.
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2022.
Loạt:IMF Working Papers; Working Paper ; No. 2022/132
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