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domestic factors 1 global factors 1 globalization 1 inflation expectations 1 monetary policy switch 1
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Free 1
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Book / Working Paper 1
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Undetermined 1
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Castelnuovo, Efrem 1
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Dipartimento di Scienze Economiche "Marco Fanno", Università degli Studi di Padova 1
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"Marco Fanno" Working Papers 1
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RePEc 1
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Tracking U.S. Inflation Expectations with Domestic and Global Indicators
Castelnuovo, Efrem - Dipartimento di Scienze Economiche "Marco Fanno", … - 2006
Are foreign variables important for tracking U.S. inflation expectations? This paper estimates a reduced-form model which takes into account both domestic and global indicators of economic slack as well as inflationary pressures. Our main findings point towards the instability of the estimated...
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