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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Detalhes bibliográficos
Autor principal: Chang, Yoosoon
Outros Autores: Gomez-Rodriguez, Fabio, Hong, Gee Hee.
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2022.
Colecção:IMF Working Papers; Working Paper ; No. 2022/132
Assuntos:
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