Do survey data on inflation expectations contain useful information for estimating macroeconomic models? I address this … restriction and helps to determine the forecasting model for inflation that agents use under learning. My results reveal that the … inflation expectations. -- survey data ; learning models ; inflation expectations ; Bayesian econometrics …

" - suggests that a shift in expected inflation lowered real interest rates and stimulated consumption and investment. However, few … studies have measured, or tested the economic consequences of, inflation expectations. In this paper, we collect high …-frequency information from primary and secondary sources to measure expected inflation in the United Kingdom between the wars. A VAR model …

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 …

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

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 …