As central bankers intensify their focus on inflation as the primary goal of monetary policy, it becomes increasingly … important to have accurate and reliable measures of changes in the aggregate price level. Measuring inflation is surprisingly … transitory noise and bias. Noise causes short-run changes in measured inflation to inaccurately reflect movements in long …

inflation. Over the last two years, this benign state has dramatically changed. In America and Europe, inflation has resurged …

This paper studies the causal effect of inflation literacy on inflation expectations and trust in the central bank …, we first test the effect of non-numerical information about inflation and monetary policy, the extitliteracy treatment … received the extitliteracy treatment, incorporate quantitative information differently into their inflation forecasts. We find …

Little is known about the impact of high inflation on public trust. Using a survey in the Netherlands, we find that the … recent increase in inflation is associated with a decline in trust in Dutch politics and the Dutch central bank. The higher … individuals’ perceived inflation is and the harder it is for them to make ends meet, the lower their trust in Dutch politics, the …