Ogura, Kota; Yamaguchi, Manaka; Aizawa, Sakiho; Khan, … - In: Risks : open access journal 14 (2026) 3, pp. 1-18
Inflation expectations play a central role in monetary policy effectiveness, yet relatively little is known about how individual behavioral traits shape expectation formation. This study examines whether time discounting and hyperbolic discounting, key dimensions of intertemporal preferences,...