The Price Is Right: Updating Inflation Expectations in a Randomized Price Information Experiment

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...

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Bibliographic Details
Main Authors: Armantier, Olivier, Topa, Giorgio, van der Klaauw, Wilbert, Zafar, Basit, Nelson, Scott Thomas
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: MIT Press 2017
Online Access:http://hdl.handle.net/1721.1/107963
https://orcid.org/0000-0003-1751-9223

Internet

http://hdl.handle.net/1721.1/107963
https://orcid.org/0000-0003-1751-9223

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