spikes in inflation may become ‘baked in’ to inflation expectations, but only among those with the most positive subjective …

Consumers' inflation expectations play a key role in the monetary transmission mechanism. As such, it is crucial for … expectations. These include the apparent overestimation of inflation by consumers as well as the negative correlation observed … between the economic outlook and inflation expectations. We also show that the uncertainty framework fits with some of the …

informal competition have worse expectations on future sales growth, which in turn are associated with a lower probability of …

This note evaluates how adaptive learning agents weigh different pieces of information when forming expectations with a …

This paper evaluates how the way agents weight information when forming expectations can affect the econometric … lead to substantial biases to estimates of expectations relevance for inflation, and (ii) that these biases can spill over …

Expectations about economic variables vary systematically across genders. In the domain of inflation, women have … persistently higher expectations than men. We argue that traditional gender roles are a significant factor in generating this … gender expectations gap as they expose women and men to different economic signals in their daily lives. Using unique data on …

quarterly Brent crude oil price forecasts. We examine the expectations building mechanism by referring to the processing of …