their heterogeneity. We exploit survey data on output and inflation expectations by individual professional forecasters. We …

We provide survey evidence on how households’ inflation expectations matter for their spending highlighting a … stable prices consume less durable goods than those expecting positive inflation. In contrast, differences across households … expecting positive inflation are associated with insignificant differences in durable consumption decisions. That distortion …

We study the link between expected inflation and wages using novel panel data from German firms and employees. We find … that pass-through—the percentage point change in wage growth given a one percentage point change in expected inflation … margin, expected inflation has little effect on additional wage negotiations. …

Inflation expectations are central to economics because they affect the effectiveness of fiscal and monetary policy as … well as realized inflation. We survey the recent literature with a focus on the inflation expectations of households. We … first review standard data sources and discuss their advantages and disadvantages. We then document that household inflation …

consumption via managing inflation expectations based on the Euler equation. Unconventional fiscal policy uses trivial … announcements of future consumer-price increases to boost inflation expectations and consumption expenditure on impact. Instead … inflation expectations and spending today. We find households' inflation expectations and readiness to spend react substantially …

Consensus Economics survey data on GDP growth, inflation, and short-term interest rates to approximate macroeconomic … priced in the cross section and drive the size and value premium, whereas inflation expectations serve as robust predictors …