Bellemare, Charles; Kpekou Tossou, Rolande C. B.; … - 2020 - Last updated: November 30, 2020
’ inflation expectations to their own lagged forecasts as well as proxies for the rational expectation forecasts. The model builds … in inflation expectations extensively documented in the literature. We estimate the model using data from two important … Survey of Consumer Expectations. We find that inflation expectations appear to correlate more strongly to measures of …