Burke, Mary A.; Ozdagli, Ali - 2013 - This version: December 18, 2013
panel data for the period from April 2009 to November 2012, we examine the relationship between a household's inflation … expectations and its current spending by taking into account other factors, such as the household's wage growth expectations, the … uncertainty surrounding its inflation expectations, macroeconomic conditions, and unobserved heterogeneity at the household level …