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How economic crises affect inflation beliefs: Evidence from the Covid-19 pandemic
This paper studies how inflation beliefs reported in the New York Fed's Survey of Consumer Expectations have evolved over the first six months of the Covid-19 pandemic. We find that household inflation expectations responded slowly and mostly at the short-term horizon. In contrast, the data rev...
| Autores principales: | , , , , , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Elsevier B.V.
2021
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8426052/ https://www.ncbi.nlm.nih.gov/pubmed/34518713 http://dx.doi.org/10.1016/j.jebo.2021.04.036 |