, premium components are less reactive to inflation shocks, while real rate responses change their sign from positive to …

to recent reduced-form empirical estimates - with real risk two times more important than inflation risk. The model …

Inflation expectations are often found to depend on socioeconomic and demographic characteristics of households, such … impact of three sources of the demographic dependence of inflation expectations using data for Germany. Overall, our findings … suggest that household-specific inflation rates and group-specific news consumption accounts for the higher expectation gaps …

The uncertainty of U.S. core inflation, measured by the stochastic volatility of forecast errors, has soared to a level … increase after a positive shock to core inflation uncertainty in a vector autoregression. Endogenous changes in household … inflation expectations help to understand the transmission mechanism through which an inflation uncertainty shock generates …