GDP and other variables. The aim of this article is to evaluate the forecasting performance of the Central Bank of Brazil …

This paper studies consumers' inflation expectations using micro-level data from the Surveys of Consumers conducted by … expectations that income will go down in the future have a stronger upward bias in their expectations than other households …

groups in the dispersion of household-specific rates of inflation. Using survey data on inflation expectations, I show that … of the expectations formation process of households. …

This paper uses the historical narrative record to determine whether inflation expectations shifted during the second … and the forecasts of contemporary business analysts, we show that inflation expectations increased dramatically. Second … expectations. Third, we gather new evidence--both quantitative and narrative--that indicates that the shift in inflation …