This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed … Search Index (GISI) is assessed relative to 37 other indicators of inflation expectations – 36 survey measures and the TIPS … spread. For decades, the academic literature has focused on three measures of inflation expectations: the Livingston Survey …

-looking model of output, inflation and interest rate determination, the paper tries to familiarise the reader with some of the … techniques used in research on optimal policy, including rational expectations theory, timeconsistency analysis, the Lucas …

This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them …

reference to the quantity of money.Following up the finding that inflation is determined in a coordination game, it is …. Central banks could thus be shown to be able to influence inflation rates, although the quantity of money plays no part in …This paper presents a model that pictures how inflation is determined in a decentralized market process where prices …

interest rates and inflation rates. It is argued that the traditional story deriving central bank power from its monopoly of … issuing base money is flawed. That story - in its various guises - is based on the quantity equation. This equation, however … banks seem to influence interest and inflation rates. Here, we suggest that the explanation is that central banks have …

frequency and real-time data. I present a collection of 37 different measures of inflation expectations, including many … previously unexploited monthly and real-time measures of inflation expectations. These higher frequency measures tend to … that there are benefits to using higher frequency measures of inflation expectations. Out of sample forecasts confirm the …

assumption of rational expectations and assumes that economic agents learn over time and form near-rational expectations from … traditional ``wealth effect" and through its impact on agents' expectations. Monetary policy decisions also affect and are … fluctuations have had important effects on output expectations. Shocks in the stock market can account for a large portion of …