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- W3123171889 abstract "The aim of our study is to assess the extent to which the degree of heterogeneity of ination expectations is driven by the ow of information related to current and future price developments. To that end, we follow three routes: i) we propose dierent measures of information ow that have either a sender or a receiver perspective; ii) we present empirical results for the US that aim to corroborate the hypothesis that news have the ability to densify expectations, i.e. to reduce forecast heterogeneity; and iii) we augment an otherwise standard model of expectation formation by allowing the individual updating frequency to depend on the observed measure of information ow." @default.
- W3123171889 created "2021-02-01" @default.
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- W3123171889 date "2010-01-01" @default.
- W3123171889 modified "2023-09-27" @default.
- W3123171889 title "Information Flows and Disagreement" @default.
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