Kozicki, Sharon; Tinsley, P.A. - Bank of Canada - 2006
. The authors fill in the gaps by constructing a 50-year monthly history of expected inflation at all horizons from one … month to 10 years that is consistent with inflation data and infrequent survey data. In the process, some models that fit … inflation well are found to generate forecasts that bear little resemblance to survey data. Also, survey data on near …