Survey based measures of inflation expectations are not informationally efficient yet carry important information about … future inflation. This paper explores the economic significance of informational inefficiencies of survey expectations. A … model selection algorithm is applied to the inflation expectations of households and professionals using a large panel of …

provide more robust forecasts. We investigate this issue for forecasts from a range of short-term forecasting models. Our …

examines the usefulness of these estimates for inflation forecasting. Over this period, we find that the Federal Reserve …

Firmly-anchored inflation expectations are widely viewed as playing a central role in the successful conduct of … monetary policy. This paper presents estimates of trend inflation, based on information contained in survey expectations, the …. In order to assess whether inflation expectations are anchored, uncertainty surrounding future changes in trend inflation …