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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Главный автор:	Chang, Yoosoon
Другие авторы:	Gomez-Rodriguez, Fabio, Hong, Gee Hee.
Формат:	Журнал
Язык:	English
Опубликовано:	Washington, D.C. : International Monetary Fund, 2022.
Серии:	IMF Working Papers; Working Paper ; No. 2022/132
Предметы:	Fiscal Policy Policy Coordination Policy Designs and Consistency Policy Objectives Studies of Particular Policy Episodes
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The Effects of Economic Shocks on Heterogeneous Inflation Expectations /

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