In this paper we use a non-tatonnement dynamic macroeconomic model to study the role of inventories, expectations and … evaluate economic policies like quantitative easing as well as the effectiveness of holding inflationary expectations to … recover to full employment. If inflationary expectations are not sufficient, imposing downward rigidity of nominal wages helps …

takes into account: (1) the role of expectations in the foreign exchange market and the feedback mechanisms between these …, this is true even in the absence of rational forward-looking expectations or sovereign foreign indebtedness. …

announcements on perceptions or expectations, yet respondents who receive news have better perceptions and expectations than those … public. However, Twitter users tend to overestimate inflation and interest rates, make a greater expectations …/perception error. In addition they report higher confidence in their estimates. In terms of expectations quality, spreading the word of …

interest rates, inflation and inflation expectations. Average-inflation targeting can approximate the price path observed under … policy rule. In particular, if the central bank considers more than two lags, subjects fail to form expectations that are … target helps somewhat anchor longrun inflation expectations. …