primary surpluses should lead households to anticipate this higher inflation. Are household inflation expectations sensitive … observing how they revise their expectations about future inflation as well as taxes and government spending. We find that … information about the current debt or deficit levels has little impact on inflation expectations but that news about future debt …

primary surpluses should lead households to anticipate this higher inflation. Are household inflation expectations sensitive … observing how they revise their expectations about future inflation as well as taxes and government spending. We find that … information about the current debt or deficit levels has little impact on inflation expectations but that news about future debt …

We assess whether central banks may use inflation expectations as a policy tool for stabilization purposes. We review … suggests that inflation expectations of households and firms affect their actions but the underlying mechanisms remain unclear …, especially for firms. Two additional limitations prevent policy-makers from being able to actively manage inflation expectations …

coverage of high-frequency identified monetary policy announcements on households' inflation expectations in an event study and …, the adaptation of inflation expectations is stronger than without coverage. Second, we find that coverage of 'delphic … shocks lead to households lowering their inflation expectations, as opposed to coverage of a textbook, 'odyssean', monetary …

Using Italian data that includes both inflation forecasts of firms and external information on their balance sheets, we … study the causal effect of changes in the dispersion of beliefs about future inflation on the misallocation of resources. We … find that as disagreement increases, so does misallocation. In times of low inflation, the aggregate TFP loss of the …

The objective of this study is the quantification of inflation expectations in Latvia using the results of consumer … surveys and the assessment of the impact inflation expectations have on actual inflation. In order to attain the objectives … set, the authors of the study quantified inflation expectations applying the widely accepted probability approach and …

We implement a survey of Dutch households in which random subsets of respondents receive information about inflation …. The resulting exogenously generated variation in inflation expectations is used to assess how expectations affect … subsequent monthly consumption decisions relative to those in a control group. The causal effects of elevated inflation …

of inflation, mortgage rates, and unemployment to the effects of communication about future inflation in a randomized … then provide 22 different forms of information regarding past, current and/or future inflation and interest rates … beyond one year do not have any additional impact on forecasts. Exogenous variation in inflation expectations transmits into …

of inflation, mortgage rates, and unemployment to the effects of communication about future inflation in a randomized … then provide 22 different forms of information regarding past, current and/or future inflation and interest rates … beyond one year do not have any additional impact on forecasts. Exogenous variation in inflation expectations transmits into …

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 survey. We find nonresponses lead to substantial underrepresentation of …