The Bank of England/GfK NOP Inflation Attitudes Survey asks individuals about their inflation perceptions and expectations in eight ordered categories with known boundaries except for an indifference limen. With enough categories for identification, one can fit a mixture distribution to such data, which can be multi-modal. Thus Bayesian analysis of a normal mixture model for interval data with an indifference limen is of interest. This paper applies the No-U-Turn Sampler (NUTS) for Bayesian computation, and estimates the distributions of public inflation perceptions and expectations in the UK during 2001Q1--2015Q4. The estimated means are useful for measuring information rigidity
In density forecasts, respondents are asked to assign probabilities to pre-specified ranges of infla...
We consider whether survey respondents' probability distributions, reported as histograms, provide r...
This paper uses the Bayesian approach to solve and estimate a New Keynesian model augmented by a gen...
The Bank of England/GfK NOP Inflation Attitudes Survey asks individuals about their inflation percep...
In this paper we discuss a few models developed to explain the general public's inflation expectatio...
This paper uses micro-data from three surveys for the UK to consider how individuals form inflation ...
This dissertation uses Bayesian methods to understand how expectations are formed and their role in ...
This article introduces a new source of survey data, namely the Bank of England Survey of External F...
This dissertation contains three essays. The first essay presents a new likelihood based approach fo...
We estimate a Bayesian learning model with heterogeneity aimed at explaining the evolution of expert...
Carlson and Parkin [Economica 42 (1975) 123] quantify qualitative survey data on expectations assumi...
Business tendency surveys are commonly used to provide estimations ofa wide range of macroeconomic v...
To quantify qualitative survey data, the Carlson–Parkin method assumes normality, a time-invariant s...
Conjectures about inflation expectations are inextricably linked to our understanding of the relatio...
This article introduces a new source of survey data, namely the Bank of England Survey of External F...
In density forecasts, respondents are asked to assign probabilities to pre-specified ranges of infla...
We consider whether survey respondents' probability distributions, reported as histograms, provide r...
This paper uses the Bayesian approach to solve and estimate a New Keynesian model augmented by a gen...
The Bank of England/GfK NOP Inflation Attitudes Survey asks individuals about their inflation percep...
In this paper we discuss a few models developed to explain the general public's inflation expectatio...
This paper uses micro-data from three surveys for the UK to consider how individuals form inflation ...
This dissertation uses Bayesian methods to understand how expectations are formed and their role in ...
This article introduces a new source of survey data, namely the Bank of England Survey of External F...
This dissertation contains three essays. The first essay presents a new likelihood based approach fo...
We estimate a Bayesian learning model with heterogeneity aimed at explaining the evolution of expert...
Carlson and Parkin [Economica 42 (1975) 123] quantify qualitative survey data on expectations assumi...
Business tendency surveys are commonly used to provide estimations ofa wide range of macroeconomic v...
To quantify qualitative survey data, the Carlson–Parkin method assumes normality, a time-invariant s...
Conjectures about inflation expectations are inextricably linked to our understanding of the relatio...
This article introduces a new source of survey data, namely the Bank of England Survey of External F...
In density forecasts, respondents are asked to assign probabilities to pre-specified ranges of infla...
We consider whether survey respondents' probability distributions, reported as histograms, provide r...
This paper uses the Bayesian approach to solve and estimate a New Keynesian model augmented by a gen...