Shocks to Inflation Expectations
Language: en
Pages: 52
Authors: Mr. Philip Barrett
Categories: Business & Economics
Type: BOOK - Published: 2022-04-29 - Publisher: International Monetary Fund

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The consensus among central bankers is that higher inflation expectations can drive up inflation today, requiring tighter policy. We assess this by devising a n
Inflation Expectations
Language: en
Pages: 402
Authors: Peter J. N. Sinclair
Categories: Business & Economics
Type: BOOK - Published: 2009-12-16 - Publisher: Routledge

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Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring t
The Effects of Economic Shocks on Heterogeneous Inflation Expectations
Language: en
Pages: 59
Authors: Yoosoon Chang
Categories: Business & Economics
Type: BOOK - Published: 2022-07 - Publisher: International Monetary Fund

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In this paper, we examine how economic shocks affect the distribution of household inflation expectations. We show that the dynamics of households' expected inf
Expectations' Anchoring and Inflation Persistence
Language: en
Pages: 31
Authors: Mr.Rudolfs Bems
Categories: Business & Economics
Type: BOOK - Published: 2018-12-11 - Publisher: International Monetary Fund

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Understanding the sources of inflation persistence is crucial for monetary policy. This paper provides an empirical assessment of the influence of inflation exp
Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock
Language: en
Pages: 13
Authors: Mr.Rudolfs Bems
Categories: Business & Economics
Type: BOOK - Published: 2019-03-27 - Publisher: International Monetary Fund

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Many argue that improvements in monetary policy frameworks in emerging market economies over the past few decades, have made them more resilient to external sho