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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Bibliographic Details
Main Author:	Chang, Yoosoon
Other Authors:	Gomez-Rodriguez, Fabio, Hong, Gee Hee.
Format:	Journal
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 2022.
Series:	IMF Working Papers; Working Paper ; No. 2022/132
Subjects:	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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