We study how different forms of communication influence the inflation expectations of individuals in a randomized … controlled trial. We first solicit individuals’ inflation expectations in the Nielsen Homescan panel and then provide eight … different forms of information regarding inflation. Reading the actual Federal Open Market Committee (FOMC) statement has about …

inflation. Hence, the initial response of inflation to monetary shocks is not sufficient to discriminate across models and for …

the employment of less attached workers when the central bank follows an average inflation targeting rule and when the … strict to an average inflation targeting framework especially benefits workers with lower labor force attachment …

impact inflation, little crowding out of private expenditure exists, and the multiplier tends to be larger compared to a one …

We develop an asset-pricing model with endogenous corporate policies that explains how inflation jointly impacts real … when inflation falls. An increase in inflation has opposite effects, but with smaller magnitudes. In the cross section, the … model predicts the negative impact of inflation on real equity values is stronger for low leverage firms. We find empirical …

inflation. Hence, the initial response of inflation to monetary shocks is not sufficient to discriminate across models and for …

impact inflation, little crowding out of private expenditure exists, and the multiplier tends to be larger compared to a one …

the employment of less attached workers when the central bank follows an average inflation targeting rule and when the … strict to an average inflation targeting framework especially benefits workers with lower labor force attachment. …

We study the redistributive effects of inflation combining administrative bank data with an information provision … experiment during an episode of historic inflation. On average, households are well-informed about prevailing inflation and are … concerned about its impact on their wealth; yet, while many households know about inflation eroding nominal assets, most are …