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The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications

SSRN, ISSN: 1556-5068
2022
  • 16
    Citations
  • 459
    Usage
  • 5
    Captures
  • 0
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Citations
    16
    • Citation Indexes
      16
  • Usage
    459
    • Abstract Views
      414
    • Downloads
      45
  • Captures
    5

Article Description

Households’ and firms’ subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households’ and firms’ economic choices in the data and help us make sense of the observed heterogeneous reactions to business-cycle shocks and policy interventions. We conclude by highlighting the relevant open questions and why tackling them is important for academic research and policy making.

Bibliographic Details

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