Inflation Expectations and the Supply Chain /

We show that firms rely on price changes observed along their supply chain to form expectations about aggregate inflation, and that these expectations have a complete pass-through to sales prices. Leveraging a unique dataset on Chilean firms merging expectation surveys and records from the VAT and c...

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Détails bibliographiques
Auteur principal: Albagli, Elias
Autres auteurs: Grigoli, Francesco, Luttini, Emiliano
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2022.
Collection:IMF Working Papers; Working Paper ; No. 2022/161
Sujets:
Accès en ligne:Full text available on IMF