Four mistakes in the use of measures of expected inflation
By: Reis, Ricardo
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Material type: 
BookPublisher: AEA Papers and Proceedings Description: 113, May, 2023: p.47-51.
In:
AEA Papers and ProceedingsSummary: With the profusion of measures of expected inflation (from market prices and from surveys of households, firms, and professionals), it is a mistake to focus on a single one while ignoring the others. This paper discusses four common arguments for a single focus and finds each of them to be lacking. In the process, it isolates characteristics of different measures that models that combine them should take into account.- Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 113, May, 2023: p.47-51 | Available | AR129554 |
With the profusion of measures of expected inflation (from market prices and from surveys of households, firms, and professionals), it is a mistake to focus on a single one while ignoring the others. This paper discusses four common arguments for a single focus and finds each of them to be lacking. In the process, it isolates characteristics of different measures that models that combine them should take into account.- Reproduced
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