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
A substantial decline in market-based measures of inflation expectations has raised concerns about l...
This paper investigates the issue of rational expectations using inflation forecasts from the Survey...
The views expressed in this paper are those of the authors and do not necessarily reflect those of t...
With the profusion of measures of expected inflation (from market prices and from surveys of househo...
This paper provides an overview of statistical measurement issues relating to alternative measures o...
Studies that use survey data to test the rationality of inflationary expectations usually test for u...
Two rationales offered for policymakers ’ focus on core measures of inflation as a guide to underlyi...
preparation of this paper. I would also like to thank the participants in the Ottawa Group meeting i...
Inflation measurement is the process through which changes in the prices of individual goods and ser...
The author surveys some problems in measuring inflation and examines the likely costs of anticipated...
Establishing the external validity of experimental inflation forecasts is essential if laboratory ex...
The forecasting performance of widely accessible surveys of expected inflation are evaluated against...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
The paper suggests that the extensive debate over the question of whether to use a consumer price in...
This paper challenges the underlying assumptions that form the basis for current US inflation measur...
A substantial decline in market-based measures of inflation expectations has raised concerns about l...
This paper investigates the issue of rational expectations using inflation forecasts from the Survey...
The views expressed in this paper are those of the authors and do not necessarily reflect those of t...
With the profusion of measures of expected inflation (from market prices and from surveys of househo...
This paper provides an overview of statistical measurement issues relating to alternative measures o...
Studies that use survey data to test the rationality of inflationary expectations usually test for u...
Two rationales offered for policymakers ’ focus on core measures of inflation as a guide to underlyi...
preparation of this paper. I would also like to thank the participants in the Ottawa Group meeting i...
Inflation measurement is the process through which changes in the prices of individual goods and ser...
The author surveys some problems in measuring inflation and examines the likely costs of anticipated...
Establishing the external validity of experimental inflation forecasts is essential if laboratory ex...
The forecasting performance of widely accessible surveys of expected inflation are evaluated against...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
The paper suggests that the extensive debate over the question of whether to use a consumer price in...
This paper challenges the underlying assumptions that form the basis for current US inflation measur...
A substantial decline in market-based measures of inflation expectations has raised concerns about l...
This paper investigates the issue of rational expectations using inflation forecasts from the Survey...
The views expressed in this paper are those of the authors and do not necessarily reflect those of t...