the Riksbank has anchored inflation expectations at the 2 percent inflation target, and second, that the original version … of the Phillips curve, based constant inflation expectations, is appropriate to calculate the unemployment effects of … every year 1997-2011 misleading. We also show that the inflation targeting of the Riksbank 1995-2014 is successful compared …

Do inflation expectations and the associated pass-through of oil price shocks depend on demand and supply conditions … expected and realized inflation. Our main insight is that US households form their expectations of inflation differently when … and supply shocks can explain a large proportion of expected and realized inflation dynamics during multiple periods of …

This paper focuses on the formation of inflation expectations of consumers in 9 Central, Eastern and Southeastern … difference between realized inflation and reported inflation expectations is considerably higher in CESEE countries than in 7 … literature on large Western economies: older, female and lower income respondents have relatively higher inflation expectations …

This paper examines the long-run effects of supply shocks (such as oil shocks) on inflation in the United States. The … persistence of supply shocks in U.S. inflation fell considerably during the period of Volcker's disinflation (1979-1982). My … the behavior of inflation expectations-agents expected shocks to persist in the pre-Volcker period, but not in the post …

This paper presents a comprehensive examination of the determination and evolution of inflation expectations, with a … focus on emerging market and developing economies (EMDEs). The results suggest that long-term inflation expectations in …. Indeed, in EMDEs, long-term inflation expectations are more sensitive to both domestic and global inflation shocks. However …

This paper investigates the changing behavior of inflation expectations in response to the macroeconomic and policy … environment. Using a panel of professional forecasters covering thirteen years of inflation targeting period from Turkey, we … present evidence on the behavioral shifts in the inflation expectations associated with evolving macroeconomic and policy …

of households' stated inflation expectations. In turn, in a noisy information model setting, augmented with a simple …, robust and new evidence highlighting the role of the media for understanding inflation expectations and information …