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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Bibliografske podrobnosti
Glavni avtor: Chang, Yoosoon
Drugi avtorji: Gomez-Rodriguez, Fabio, Hong, Gee Hee.
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2022.
Serija:IMF Working Papers; Working Paper ; No. 2022/132
Teme:
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