Survey measures of expected inflation : revisiting the issues of predictive content and rationality
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Cited by:
- Billio, Monica & Casarin, Roberto & Ravazzolo, Francesco & van Dijk, Herman K., 2013.
"Time-varying combinations of predictive densities using nonlinear filtering,"
Journal of Econometrics, Elsevier, vol. 177(2), pages 213-232.
- Monica Billio & Roberto Casarin & Francesco Ravazzolo & Herman K. van Dijk, 2012. "Time-varying Combinations of Predictive Densities using Nonlinear Filtering," Tinbergen Institute Discussion Papers 12-118/III, Tinbergen Institute.
- Gelain, Paolo & Lansing, Kevin J., 2014.
"House prices, expectations, and time-varying fundamentals,"
Journal of Empirical Finance, Elsevier, vol. 29(C), pages 3-25.
- Paolo Gelain & Kevin J. Lansing, 2013. "House Prices, Expectations, and Time-Varying Fundamentals," Working Paper Series 2013-03, Federal Reserve Bank of San Francisco.
- Paolo Gelain & Kevin J. Lansing, 2013. "House prices, expectations, and time-varying fundamentals," Working Paper 2013/05, Norges Bank.
- Paolo Gelain & Kevin J. Lansing & Caterina Mendicino, 2013.
"House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy,"
International Journal of Central Banking, International Journal of Central Banking, vol. 9(2), pages 219-276, June.
- Gelain, Paolo & Lansing, Kevin J. & Mendicino, Caterina, 2012. "House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy," Dynare Working Papers 21, CEPREMAP.
- Paolo Gelain & Kevin J. Lansing & Caterina Mendicino, 2012. "House prices, credit growth, and excess volatility: implications for monetary and macroprudential policy," Working Paper Series 2012-11, Federal Reserve Bank of San Francisco.
- Paolo Gelain & Kevin J. Lansing & Caterina Mendicino, 2012. "House prices, credit growth, and excess volatility: Implications for monetary and macroprudential policy," Working Paper 2012/08, Norges Bank.
- El-Shagi, Makram, 2011. "Inflation expectations: Does the market beat econometric forecasts?," The North American Journal of Economics and Finance, Elsevier, vol. 22(3), pages 298-319.
- Tomasz Lyziak, 2016. "Financial crisis, low inflation environment and short-term inflation expectations in Poland," Bank i Kredyt, Narodowy Bank Polski, vol. 47(3), pages 285-300.
- Cornand, Camille & Hubert, Paul, 2020.
"On the external validity of experimental inflation forecasts: A comparison with five categories of field expectations,"
Journal of Economic Dynamics and Control, Elsevier, vol. 110(C).
- Camille Cornand & Paul Hubert, 2018. "On the external validity of experimental inflation forecasts: A comparison with five categories of field expectations," Working Papers 1821, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon.
- Camille Cornand & Paul Hubert, 2020. "On the external validity of experimental inflation forecasts: A comparison with five categories of field expectations," Sciences Po Economics Publications (main) halshs-01890770, HAL.
- Camille Cornand & Paul Hubert, 2019. "On the external validity of experimental inflation forecasts: A comparison with five categories of field expectations," Working Papers hal-03403259, HAL.
- Camille Cornand & Paul Hubert, 2020. "On the external validity of experimental inflation forecasts: A comparison with five categories of field expectations," Post-Print halshs-01890770, HAL.
- Camille Cornand & Paul Hubert, 2019. "On the external validity of experimental inflation forecasts : a comparison with five categories of field expectations," Documents de Travail de l'OFCE 2019-03, Observatoire Francais des Conjonctures Economiques (OFCE).
- Camille Cornand & Paul Hubert, 2019. "On the external validity of experimental inflation forecasts: A comparison with five categories of field expectations," Sciences Po Economics Publications (main) hal-03403259, HAL.
- Monica Billio & Roberto Casarin & Francesco Ravazzolo & Herman K. van Dijk, 2010.
"Combining predictive densities using Bayesian filtering with applications to US economics data,"
Working Paper
2010/29, Norges Bank.
- Monica Billio & Roberto Casarin & Francesco Ravazzolo & Herman K. van Dijk, 2011. "Combining Predictive Densities using Bayesian Filtering with Applications to US Economics Data," Tinbergen Institute Discussion Papers 11-003/4, Tinbergen Institute.
- Monica Billio & Roberto Casarin & Francesco Ravazzolo & Herman K. van Dijk, 2012. "Combining predictive densities using Bayesian filtering with applications to US economic data," Working Papers 2012_16, Department of Economics, University of Venice "Ca' Foscari".
- Sarah M. Lein & Thomas Maag, 2011.
"The Formation Of Inflation Perceptions: Some Empirical Facts For European Countries,"
Scottish Journal of Political Economy, Scottish Economic Society, vol. 58(2), pages 155-188, May.
- Sarah M. Lein & Thomas Maag, 2008. "The Formation of Inflation Perceptions - Some Empirical Facts for European Countries," KOF Working papers 08-204, KOF Swiss Economic Institute, ETH Zurich.
- Richard Curtin, 2019. "Consumer expectations: a new paradigm," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 54(4), pages 199-210, October.
- Grishchenko, Olesya V. & Vanden, Joel M. & Zhang, Jianing, 2016.
"The informational content of the embedded deflation option in TIPS,"
Journal of Banking & Finance, Elsevier, vol. 65(C), pages 1-26.
- Olesya V. Grishchenko & Joel M. Vanden & Jianing Zhang, 2013. "The informational content of the embedded deflation option in TIPS," Finance and Economics Discussion Series 2013-24, Board of Governors of the Federal Reserve System (U.S.).
- Hossein Hassani & Abdol S. Soofi & Anatoly Zhigljavsky, 2013. "Predicting inflation dynamics with singular spectrum analysis," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 176(3), pages 743-760, June.
- Bryan, Michael F. & Palmqvist, Stefan, 2005. "Testing Near-Rationality using Detailed Survey Data," Working Paper Series 183, Sveriges Riksbank (Central Bank of Sweden).
- Comerford, David A., 2025. "Cognitive reflection, arithmetic ability and financial literacy independently predict both inflation expectations and forecast accuracy," International Journal of Forecasting, Elsevier, vol. 41(2), pages 517-531.
- Wändi Bruine de Bruin & Michael F. Bryan & Simon M. Potter & Giorgio Topa & Wilbert Van der Klaauw, 2008. "Rethinking the measurement of household inflation expectations: preliminary findings," Staff Reports 359, Federal Reserve Bank of New York.
- Thomas Jonsson & Pär Österholm, 2012.
"The properties of survey-based inflation expectations in Sweden,"
Empirical Economics, Springer, vol. 42(1), pages 79-94, February.
- Jonsson, Thomas & Österholm, Pär, 2009. "The Properties of Survey-Based Inflation Expectations in Sweden," Working Papers 114, National Institute of Economic Research.
- Nibbering, Didier & Paap, Richard & van der Wel, Michel, 2018.
"What do professional forecasters actually predict?,"
International Journal of Forecasting, Elsevier, vol. 34(2), pages 288-311.
- Didier Nibbering & Richard Paap & Michel van der Wel, 2015. "What Do Professional Forecasters Actually Predict?," Tinbergen Institute Discussion Papers 15-095/III, Tinbergen Institute, revised 13 Oct 2017.
- Pablo Pincheira Brown & Nicolás Hardy, 2024.
"The mean squared prediction error paradox,"
Journal of Forecasting, John Wiley & Sons, Ltd., vol. 43(6), pages 2298-2321, September.
- Pincheira, Pablo & Hardy, Nicolas, 2021. "The Mean Squared Prediction Error Paradox," MPRA Paper 107403, University Library of Munich, Germany.
- Berge, Travis J., 2018.
"Understanding survey-based inflation expectations,"
International Journal of Forecasting, Elsevier, vol. 34(4), pages 788-801.
- Travis J. Berge, 2017. "Understanding Survey Based Inflation Expectations," Finance and Economics Discussion Series 2017-046, Board of Governors of the Federal Reserve System (U.S.).
- Pamela Jervis, 2007. "Inflation Compensation and Its Components in Chile," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 10(2), pages 27-56, August.
- Fabio Canova & Luca Gambetti, 2010.
"Do Expectations Matter? The Great Moderation Revisited,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 2(3), pages 183-205, July.
- Fabio Canova & Luca Gambetti, 2007. "Do expectations matter? The Great Moderation revisited," Economics Working Papers 1084, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 2009.
- Canova, Fabio & Gambetti, Luca, 2009. "Do expectations matter? The Great Moderation revisited," CEPR Discussion Papers 7597, C.E.P.R. Discussion Papers.
- Guzman, Giselle C., 2010. "An inflation expectations horserace," MPRA Paper 36511, University Library of Munich, Germany.
- Halina Kowalczyk & Tomasz Lyziak & Ewa Stanisławska, 2013. "A new approach to probabilistic surveys of professional forecasters and its application in the monetary policy context," NBP Working Papers 142, Narodowy Bank Polski.
- Camille Cornand & Paul Hubert, 2020.
"On the external validity of experimental inflation forecasts,"
Sciences Po Economics Publications (main)
hal-02894262, HAL.
- Camille Cornand & Paul Hubert, 2020. "On the external validity of experimental inflation forecasts," Post-Print hal-02894262, HAL.
- Tomasz Lyziak, 2014. "Inflation expectations in Poland, 2001–2013. Measurement and macroeconomic testing," NBP Working Papers 178, Narodowy Bank Polski.
- Stefan Palmqvist & Michael F. Bryan, 2005. "Testing Near-Rationality Using Detail Survey Data," Computing in Economics and Finance 2005 371, Society for Computational Economics.
- Fuhrer, Jeff, 2017. "Expectations as a source of macroeconomic persistence: Evidence from survey expectations in a dynamic macro model," Journal of Monetary Economics, Elsevier, vol. 86(C), pages 22-35.
- Simon Richards & Matthieu Verstraete, 2016. "Understanding Firms' Inflation Expectations Using the Bank of Canada's Business Outlook Survey," Staff Working Papers 16-7, Bank of Canada.
- Goodspeed, Tyler, 2025. "Trust the experts? The performance of inflation expectations, 1960–2023," International Journal of Forecasting, Elsevier, vol. 41(3), pages 863-876.
- Ewa Stanisławska, 2018. "Czy pytając konsumentów o wartość przewidywanej inflacji, można uzyskać wiarygodne i użyteczne informacje?," Bank i Kredyt, Narodowy Bank Polski, vol. 49(5), pages 515-556.
- Michael F. Bryan & Stefan Palmqvist, 2005. "Testing near-rationality using detailed survey data," Working Papers (Old Series) 0502, Federal Reserve Bank of Cleveland.
- Benjamin Beckers & Konstantin A. Kholodilin & Dirk Ulbricht, 2017. "Reading between the Lines: Using Media to Improve German Inflation Forecasts," Discussion Papers of DIW Berlin 1665, DIW Berlin, German Institute for Economic Research.
- Monica Billio & Roberto Casarin & Francesco Ravazzolo & Herman K. van Dijk, 2011. "Combining Predictive Densities using Nonlinear Filtering with Applications to US Economics Data," Tinbergen Institute Discussion Papers 11-172/4, Tinbergen Institute.
- Gelain, Paolo & Iskrev, Nikolay & J. Lansing, Kevin & Mendicino, Caterina, 2019. "Inflation dynamics and adaptive expectations in an estimated DSGE model," Journal of Macroeconomics, Elsevier, vol. 59(C), pages 258-277.
- Martin Nordström, 2020. "A forecast evaluation of the Riksbank's policy‐rate projections," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 49(3), September.
- Ang, Andrew & Bekaert, Geert & Wei, Min, 2007.
"Do macro variables, asset markets, or surveys forecast inflation better?,"
Journal of Monetary Economics, Elsevier, vol. 54(4), pages 1163-1212, May.
- Andrew Ang & Geert Bekaert & Min Wei, 2005. "Do Macro Variables, Asset Markets or Surveys Forecast Inflation Better?," NBER Working Papers 11538, National Bureau of Economic Research, Inc.
- Andrew Ang & Geert Bekaert & Min Wei, 2006. "Do macro variables, asset markets, or surveys forecast inflation better?," Finance and Economics Discussion Series 2006-15, Board of Governors of the Federal Reserve System (U.S.).
- Leite, André Luís & Filho, Romeu Braz Pereira Gomes & Vicente, José Valentim Machado, 2010. "Forecasting the yield curve: A statistical model with market survey data," International Review of Financial Analysis, Elsevier, vol. 19(2), pages 108-112, March.
- Atsushi Inoue & Lutz Kilian & Fatma Burcu Kiraz, 2009.
"Do Actions Speak Louder Than Words? Household Expectations of Inflation Based on Micro Consumption Data,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(7), pages 1331-1363, October.
- Atsushi Inoue & Lutz Kilian & Fatma Burcu Kiraz, 2009. "Do Actions Speak Louder Than Words? Household Expectations of Inflation Based on Micro Consumption Data," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(7), pages 1331-1363, October.
- Kilian, Lutz & Inoue, Atsushi & ,, 2006. "Do Actions Speak Louder than Words? Household Expectations of Inflation Based on Micro Consumption Data," CEPR Discussion Papers 5790, C.E.P.R. Discussion Papers.
- Inoue, Atsushi & Kilian, Lutz & Kiraz, Fatma Burcu, 2006. "Do actions speak louder than words? Household expectations of inflation based on micro consumption data," Discussion Paper Series 1: Economic Studies 2006,26, Deutsche Bundesbank.
- McNeil, James, 2023.
"Monetary policy and the term structure of inflation expectations with information frictions,"
Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
- Jmaes McNeil, 2020. "Monetary policy and the term structure of Inflation expectations with information frictions," Working Papers daleconwp2020-07, Dalhousie University, Department of Economics.
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- El-Shagi, Makram, 2009. "Inflation Expectations: Does the Market Beat Professional Forecasts?," IWH Discussion Papers 16/2009, Halle Institute for Economic Research (IWH).
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"The forecasting properties of survey-based wage-growth expectations,"
Economics Letters, Elsevier, vol. 113(3), pages 276-281.
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- Kim, Insu & Kim, Minsoo, 2009. "Irrational Bias in Inflation Forecasts," MPRA Paper 16447, University Library of Munich, Germany.
- Martinsen, Kjetil & Ravazzolo, Francesco & Wulfsberg, Fredrik, 2014.
"Forecasting macroeconomic variables using disaggregate survey data,"
International Journal of Forecasting, Elsevier, vol. 30(1), pages 65-77.
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- Camille Cornand & Paul Hubert, 2018. "On the external validity of experimental inflation forecasts: A comparison with five categories of field expectations," Working Papers halshs-01890770, HAL.
- Gabriele Galati & Peter Heemeijer & Richhild Moessner, 2011. "How do inflation expectations form? New insights from a high-frequency survey," BIS Working Papers 349, Bank for International Settlements.
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"Forecasting Professional Forecasters,"
Journal of Business & Economic Statistics, American Statistical Association, vol. 27(4), pages 504-516.
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