" prices) using data on prices and quantities sold for numerous retailers across many US metropolitan areas. Inflation in the … effective prices paid by consumers declines significantly with higher unemployment while little change occurs in the inflation …

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 …

. They also expect lower future inflation, report higher uncertainty, expect lower mortgage rates for up to 10 years, and …

primary surpluses should lead households to anticipate this higher inflation. Are household inflation expectations sensitive … observing how they revise their expectations about future inflation as well as taxes and government spending. We find that … information about the current debt or deficit levels has little impact on inflation expectations but that news about future debt …

primary surpluses should lead households to anticipate this higher inflation. Are household inflation expectations sensitive … observing how they revise their expectations about future inflation as well as taxes and government spending. We find that … information about the current debt or deficit levels has little impact on inflation expectations but that news about future debt …

We assess whether central banks may use inflation expectations as a policy tool for stabilization purposes. We review … suggests that inflation expectations of households and firms affect their actions but the underlying mechanisms remain unclear …, especially for firms. Two additional limitations prevent policy-makers from being able to actively manage inflation expectations …

Using Italian data that includes both inflation forecasts of firms and external information on their balance sheets, we … study the causal effect of changes in the dispersion of beliefs about future inflation on the misallocation of resources. We … find that as disagreement increases, so does misallocation. In times of low inflation, the aggregate TFP loss of the …