Chao, Shih-Kang; Härdle, Wolfgang Karl; Sheen, Jeffrey R. - 2017
Analysis of monthly disaggregated data from 1978 to 2016 on US household in ation expectations reveals that exposure to … news on in ation and monetary policy helps to explain in ation expectations. This remains true when controlling for … household personal characteristics, their perceptions of the e ectiveness of government policies, their expectations of future …