The Price Is Right: Updating Inflation Expectations in a Randomized Price Information Experiment
Using a unique, randomized information experiment embedded in a survey, this paper investigates how consumers’ inflation expectations respond to new information. We find that respondents, on average, update their expectations in response to (certain types of) information, and do so sensibly, in a ma...
| Main Authors: | , , , , |
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| מחברים אחרים: | |
| פורמט: | Article |
| שפה: | en_US |
| יצא לאור: |
MIT Press
2017
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| גישה מקוונת: | http://hdl.handle.net/1721.1/107963 https://orcid.org/0000-0003-1751-9223 |