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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Автор: Chang, Yoosoon
Інші автори: Gomez-Rodriguez, Fabio, Hong, Gee Hee.
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2022.
Серія:IMF Working Papers; Working Paper ; No. 2022/132
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