We rely on the Atlanta Fed's Business Inflation Expectations survey to draw inference about firms' inflation … perceptions, expectations, and uncertainty through the lens of firms' unit (marginal) costs. Using methods grounded in the survey … literature, we find evidence that the concept of "aggregate inflation" as measured through price statistics like the consumer …

The purpose of this paper is to investigate the nature of professionals’ inflation forecasts inattentiveness. We … outline a novel model that considers the non-linear relationship between inattentiveness and aggregate uncertainty, which … crucially distinguishes between macro-economic and data ( measurement error) uncertainty. The empirical analysis uses the Survey …