beyond one year do not have any additional impact on forecasts. Exogenous variation in inflation expectations transmits into …We compare the causal effects of forward guidance communication about future interest rates on households' expectations … of inflation, mortgage rates, and unemployment to the effects of communication about future inflation in a randomized …

beyond one year do not have any additional impact on forecasts. Exogenous variation in inflation expectations transmits into …We compare the causal effects of forward guidance communication about future interest rates on households' expectations … of inflation, mortgage rates, and unemployment to the effects of communication about future inflation in a randomized …

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 study how individuals' memories of inflation shape their expectations about future inflation using both surveys and … similarly strongly reduce inflation expectations of individuals on average and are often recalled as inflation memories months … later. We also show that when people try to forecast inflation in the lab, the inflation dynamics in the game can affect …