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...

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Détails bibliographiques
Auteur principal: Chang, Yoosoon
Autres auteurs: Gomez-Rodriguez, Fabio, Hong, Gee Hee.
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2022.
Collection:IMF Working Papers; Working Paper ; No. 2022/132
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