Inflation Expectations, Learning, and Supermarket Prices: Evidence from Survey Experiments
Inflation Expectations, Learning, and Supermarket Prices: Evidence from Survey Experiments
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Pittsburgh: American Economic Association
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Language
English
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Publisher
Pittsburgh: American Economic Association
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Contents
Information frictions play a central role in the formation of household inflation expectations, but there is no consensus about their origins. We address this question with novel evidence from survey experiments. We document two main findings. First, individuals in low inflation contexts have significantly weaker priors about the inflation rate. Th...
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Full title
Inflation Expectations, Learning, and Supermarket Prices: Evidence from Survey Experiments
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TN_cdi_proquest_journals_1914550312
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1914550312
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ISSN
1945-7707
E-ISSN
1945-7715
DOI
10.1257/mac.20150147