This paper has examined the evolution of disagreement over the short-term inflation outlook in nine advanced economies … against which this concept is evaluated and the role of potential shocks to the inflation process such as the global financial …

This paper examines the evolution of disagreement over the short-term inflation outlook in nine advanced economies … against which this concept is evaluated and the role of potential shocks to the inflation process such as the global financial …

Central to the conduct of monetary policy is the preparation and evaluation of inflation forecasts. Inflation forecast … generate forecasts of inflation, among other macroeconomic variables that reflect the expected state of the economy. This paper … estimates inflation forecast disagreement for nine economies, five of which target inflation over the 1999-2009 period. I find …

Central to the conduct of monetary policy are inflation forecasts. Inflation forecasts are not unique. Central banks … and professional organizations generate inflation forecasts while households are surveyed about their inflation outlook …. This paper estimates inflation forecast disagreement for nine economies over the 1999–2009 period, five of which target …