Improving survey measures of household inflation expectations
AbstractExpectations about future inflation are generally thought to play an important role in households’ decisions about spending and saving. They are also of great interest to central bankers, who take them into account when determining policy or assessing the effectiveness of communications with the public. To help improve existing survey measures of inflation expectations, the Federal Reserve Bank of New York recently joined with other institutions and academic consultants to develop a set of survey questions that will yield more reliable information on households’ inflation expectations, inflation uncertainty, and expectations about future wage changes.
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Bibliographic InfoArticle provided by Federal Reserve Bank of New York in its journal Current Issues in Economics and Finance.
Volume (Year): 16 (2010)
Issue (Month): Aug/Sep ()
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2012 Meeting Papers
121, Society for Economic Dynamics.
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