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Greater than the sum of its parts: Aggregate vs aggregated inflation expectations
Dietrich, Alexander M.; Knotek, Edward S.; Myrseth, … - 2024
This paper introduces a novel measure of consumer inflation expectations: We elicit and combine inflation forecasts across categories of personal consumption expenditure to form an aggregated measure of inflation expectations. Drawing on answers from nearly 60,000 respondents, our data cover the...
Persistent link: https://www.econbiz.de/10014540939
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Big news: Climate change and the business cycle
Dietrich, Alexander M.; Schoenle, Raphael; Müller, … - 2024
in a representative survey of U.S. consumers. We find, in particular, that costly natural disasters are salient of … climate change. Second, we calibrate a New Keynesian model with rare disasters to the survey results and find that shifts in …
Persistent link: https://www.econbiz.de/10014540950
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Inflation preferences
Dietrich, Alexander M.; Afrouzi, Hassan; Myrseth, … - 2024
We document novel survey-based facts about preferred long-run inflation rates among US consumers. Consumers on average …
Persistent link: https://www.econbiz.de/10014563962
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The Expectations Channel of Climate Change:Implications for Monetary Policy
Müller, Gernot; Dietrich, Alexander; Schoenle, Raphael - 2021
Using a representative consumer survey in the U.S., we elicit beliefs about the economic impact of climate change … the survey and quantify the expectation channel of climate change: disaster expectations lower the natural rate of …
Persistent link: https://www.econbiz.de/10012623192
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News and uncertainty about COVID-19 : survey evidence and short-run economic impact
Dietrich, Alexander M.; Küster, Keith; Müller, Gernot J. - 2020
Persistent link: https://www.econbiz.de/10012204659
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Inflation preferences
Dietrich, Alexander M.; Afrouzi, Hassan; Myrseth, … - 2024
We document novel survey-based facts about preferred long-run inflation rates among US consumers. Consumers on average …
Persistent link: https://www.econbiz.de/10014551306
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Greater than the sum of the parts: aggregate vs. aggregated inflation expectations
Dietrich, Alexander M.; Knotek, Edward S.; Myrseth, … - 2022 - This version: June 2022
Persistent link: https://www.econbiz.de/10013277591
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The expectations channel of climate change : implications for monetary policy
Dietrich, Alexander M.; Müller, Gernot J.; Schoenle, … - 2021
Using a representative consumer survey in the U.S., we elicit beliefs about the economic impact of climate change … the survey and quantify the expectation channel of climate change: disaster expectations lower the natural rate of …
Persistent link: https://www.econbiz.de/10013342048
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Greater than the sum of its parts : aggregate vs aggregated inflation expectations
Dietrich, Alexander M.; Knotek, Edward S.; Myrseth, … - 2024 - This version: February 2024
This paper introduces a novel measure of consumer inflation expectations: We elicit and combine inflation forecasts across categories of personal consumption expenditure to form an aggregated measure of inflation expectations. Drawing on answers from nearly 60,000 respondents, our data cover the...
Persistent link: https://www.econbiz.de/10014480298
Cover Image
Big news : climate change and the business cycle
Dietrich, Alexander M.; Schoenle, Raphael; Müller, … - 2024
in a representative survey of U.S. consumers. We find, in particular, that costly natural disasters are salient of … climate change. Second, we calibrate a New Keynesian model with rare disasters to the survey results and find that shifts in …
Persistent link: https://www.econbiz.de/10014480299