periods, from the inflation scare episodes of the 1980s, when perceived inflation uncertainty was high, to the more recent … episodes of negative premia, when perceived inflation uncertainty has been considerably smaller. A decomposition of the nominal …

because debt is concentrated at short maturities and perceived inflation shocks have little short-run persistence and are …

explain the overestimation bias can only reduce it slightly. Food prices seem to carry a larger weight in perceived inflation …

explain the overestimation bias can only reduce it slightly. Food prices seem to carry a larger weight in perceived inflation …

the Nielsen Homescan Panel to construct household-level measures of perceived inflation. We find perceived price changes …

persistent decline in the perceived inflation target can push both the long-run inflation and the term premium down. We show that …

and efficient measure is lowering the perceived inflation target by restoring central bank's independence, thereby …

and efficient measure is lowering the perceived inflation target by restoring central bank’s independence, thereby …

expectations. The central tendencies of the responses for perceived inflation over the past five to ten years are similar to those …

determinant of the evolution of risk premia on 10-year nominal bonds, through changes in the perceived inflation target of the …