measures of inflation expectations are used, that is, model-consistent (rational) expectations and survey-based expectations of … survey data on inflation expectations is not by using them as separate forward-looking information, alternative to … interest rate impulse, exchange rate impulse and a permanent change of inflation target. Differences in impulse responses pose …

We investigate the relationship between inflation uncertainty and monetary policy transmission in the U.S. economy … through the external finance premium and the term structure of interest rates appears strongly dependent on inflation …

This paper empirically investigates the role of long-term inflation expectations for the monetary transmission … mechanism. In contrast to earlier studies, we confirm that U.S. long-term inflation expectations respond significantly to a … monetary policy shock. In line with a re-anchoring channel of monetary policy, we find that long-term inflation expectations …