shares but also the specific product prices paid by households, we find a considerable and persistent degree of heterogeneity …

study the implications of heterogeneity in forecasts of the central bank and private agents for the performance of interest …

This paper examines heterogeneity in price stickiness using a large, original, set of individual price data collected …. The main findings are the following: i ) cross-product and cross-outlet-type heterogeneity in both the shape of the hazard …

involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand … banking in the past. In large part this heterogeneity can be traced to differences in forecasting models. While some …

The paper shows that there is a substantial degree of heterogeneity in forecast accuracy among Fed watchers. Based on a … basis points between the best and worst-performers across the sample. This heterogeneity is found to be related to both the … anticipating monetary policy. Moreover, systematic forecaster heterogeneity is economically important as it leads to greater …

typical estimations. In this paper, we show how heterogeneity in pricing behavior is relevant to both questions. We detail the … data, can be fully attributable to a heterogeneity bias. …

variables that allow for individual heterogeneity in both constants and autoregressive parameters, and control for heterogeneity …