This paper uses microdata from the Reserve Bank of New Zealand's Household Inflation Expectations survey to obtain an accurate read of households' true inflation expectations by studying how different demographic groups respond (or do not respond) to the inflation expectations question in the...

This paper presents novel causal evidence on the relationship between various communication channels employed by central banks and households' expectations about future inflation. In a pre-registered randomized survey experiment administered in 2022, we examine adjustment of inflation...

This paper uses micro-data from the Reserve Bank of New Zealand’s Household Inflation Expectations survey to obtain a more accurate read of households’ true inflation expectations by understanding how different demographic groups respond (or do not respond) to specific questions in the...

This paper presents novel causal evidence on the relationship between various communication channels employed by central banks and households' expectations about future inflation. In a pre-registered randomized survey experiment administered in 2022, we examine adjustment of inflation...

This paper uses microdata from the Reserve Bank of New Zealand's Household Inflation Expectations survey to obtain an accurate read of households' true inflation expectations by studying how different demographic groups respond (or do not respond) to the inflation expectations question in the...

This paper provides background information and basic descriptive statistics for a representative survey of the German population conducted on our behalf by GfK in the first quarter of 2018. The survey covers various topics, including: 1) attitudes towards asylum seekers; 2) migrating workers in...

This paper argues that the application of loss aversion to wage determination can explain the deflation puzzle: the failure of persistently high unemployment to exert a persistent downward impact on the rate of inflation in money wages. This is an improvement on other theories of the deflation...

This paper provides background information and basic descriptive statistics for a representative survey of the German population conducted on our behalf by GfK in the first quarter of 2018. The survey covers various topics, including: 1) attitudes towards asylum seekers; 2) migrating workers in...

This paper studies people's understanding of inflation--their perceived causes, consequences, trade-offs--and the policies supported to mitigate its effects. We design a new, detailed online survey based on the rich existing literature in economics with two experimental components--a conjoint...

This paper provides background information and basic descriptive statistics for a representative survey of the German population conducted on our behalf by GfK in the first quarter of 2018. The survey covers various topics, including: 1) attitudes towards asylum seekers; 2) migrating workers in...