Add to ORKGFor most of the 1990s, forecasters have been predicting an upturn in inflation. Yet, over that same period, the United States has experienced stable or declining inflation. Why have forecasts been at odds with reality? And why does it matter? In this article, Dean Croushore considers some answers to these questions and explains why inflation is the economic surprise of the decade
For a quarter of a century, the western world has enjoyed a macroeconomic environment characterized ...
This paper first outlines the key stylized facts about changes in inflation dynamics in recent years...
Amidst the chaotic news cycle of politics, the pandemic, and global affairs, a new topic is making h...
For most of the 1990s, forecasters have been predicting an upturn in inflation. Yet, over that same ...
Forecasts of inflation affect decision-making in many segments of the economy. But in the early 1980...
Forecasters experienced considerable difficulty in recognizing rising inflation and predicting its i...
Based on surveys of professional forecasters, expectations for price inflation 5 to 10 years ahead h...
This paper uses data from surveys of expected inflation to learn how the expectations formation proc...
For decades, the academic literature has focused on three survey measures of expected inflation: th...
At a time when many Americans worry about rising prices, Dallas Fed Senior Economist Jim Dolmas disc...
Inflation expectations have been of great interest to economists because they predict how agents in ...
I present evidence that higher frequency measures of inflation expectations outperform lower frequen...
Inflation in the U.S. rose in the 1970s and fell in the 1980s and 1990s. The conventional story attr...
This paper investigates the issue of an "inflation puzzle", or the lack of an acceleration in inflat...
This paper examines inflation dynamics in the United States since 1960, with a particular focus on t...
For a quarter of a century, the western world has enjoyed a macroeconomic environment characterized ...
This paper first outlines the key stylized facts about changes in inflation dynamics in recent years...
Amidst the chaotic news cycle of politics, the pandemic, and global affairs, a new topic is making h...
For most of the 1990s, forecasters have been predicting an upturn in inflation. Yet, over that same ...
Forecasts of inflation affect decision-making in many segments of the economy. But in the early 1980...
Forecasters experienced considerable difficulty in recognizing rising inflation and predicting its i...
Based on surveys of professional forecasters, expectations for price inflation 5 to 10 years ahead h...
This paper uses data from surveys of expected inflation to learn how the expectations formation proc...
For decades, the academic literature has focused on three survey measures of expected inflation: th...
At a time when many Americans worry about rising prices, Dallas Fed Senior Economist Jim Dolmas disc...
Inflation expectations have been of great interest to economists because they predict how agents in ...
I present evidence that higher frequency measures of inflation expectations outperform lower frequen...
Inflation in the U.S. rose in the 1970s and fell in the 1980s and 1990s. The conventional story attr...
This paper investigates the issue of an "inflation puzzle", or the lack of an acceleration in inflat...
This paper examines inflation dynamics in the United States since 1960, with a particular focus on t...
For a quarter of a century, the western world has enjoyed a macroeconomic environment characterized ...
This paper first outlines the key stylized facts about changes in inflation dynamics in recent years...
Amidst the chaotic news cycle of politics, the pandemic, and global affairs, a new topic is making h...