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- W3122912582 abstract "Consumer inflation expectations are highly disperse, with some households reporting very high inflation forecasts. In recent years, disagreement in longer-run inflation expectations has fallen, reflecting compression in the upper part of the distribution. The 75th percentile of the distribution of longer-run inflation forecast has fallen 0.21 percentage points per year since 2012 and is at an all-time low. I show that the decline in long-run inflation expectations at the upper end of the distribution seems to reflect improvement in consumers' general economic sentiment, rather than stronger anchoring of inflation expectations." @default.
- W3122912582 created "2021-02-01" @default.
- W3122912582 creator A5086148635 @default.
- W3122912582 date "2019-01-01" @default.
- W3122912582 modified "2023-10-14" @default.
- W3122912582 title "Long-Run Inflation Expectations in the Shrinking Upper Tail" @default.
- W3122912582 doi "https://doi.org/10.2139/ssrn.3369262" @default.
- W3122912582 hasPublicationYear "2019" @default.
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