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, households and firms in respect of Hungarian inflation trends. In countries where an inflation targeting regime is in place …, inflation expectations are of key importance from the perspective of monetary policy and play a significant role in central bank … decisionmaking and follow-up communication. The inflation expectations of economic agents are relevant for central banks for two main …
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How do global political shocks influence individuals' expectations about economic outcomes? We run a unique survey on … inflation expectations among 145 tenured economics professors in Germany and exploit the 2022 Russian invasion in Ukraine as a … natural experiment to identify the effect of a global political shock on expectations about national inflation rates. We find …
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We examine whether inflation expectations obtained by open- and closed-ended questions lead to different inflation … expectations through a randomized controlled trial. We find that different questionnaires measure significantly different inflation … expectations, especially in the short term. We further investigate whether inflation expectations induce consumers to change the …
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This paper uses microdata from the Reserve Bank of New Zealand's Household Inflation Expectations survey to obtain an … respond) to the inflation expectations question in the survey. We find nonresponses lead to substantial underrepresentation of … accurate read of households' true inflation expectations by studying how different demographic groups respond (or do not …
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