Candia, Bernardo; Coibion, Olivier; Gorodnichenko, Yuriy - National Bureau of Economic Research - 2022
. Several facts stand out. First, the mean inflation forecasts of firms often deviate significantly from those of professional … forecasters and households. Second, disagreement about inflation among firms is large. Third, firms often change their short …-run and long-run inflation expectations jointly and by similar amounts. Fourth, firms in economies with a history of low and …