Updating inflation expectations: Evidence from micro-data

Utilizing the Michigan Household Consumer survey’s rotating panel microstructure we can identify if individuals have adjusted their expectations towards inflation. This allows us to directly capture the updating behavior of individual consumers regarding their short- and long-run inflation expectations.

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Year of publication:	2012
Authors:	Dräger, Lena ; Lamla, Michael J.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 117.2012, 3, p. 807-810
Publisher:	Elsevier
Subject:	Updating Inflation expectations \| Micro-data \| Time-varying degree of inattention

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Type of publication:	Article
Classification:	D84 - Expectations; Speculations ; E31 - Price Level; Inflation; Deflation
Source:	RePEc - Research Papers in Economics

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