Measuring Inflation Expectations

  title={Measuring Inflation Expectations},
  author={O. Armantier and W. B. D. Bruin and S. Potter and G. Topa and W. V. D. Klaauw and Basit Zafar},
  journal={Annual Review of Economics},
  • O. Armantier, W. B. D. Bruin, +3 authors Basit Zafar
  • Published 2013
  • Economics
  • Annual Review of Economics
  • To conduct monetary policy, central banks around the world increasingly rely on measures of public inflation expectations. In this article, we review findings from an ongoing initiative at the Federal Reserve Bank of New York aimed at improving the measurement and our understanding of household inflation expectations through surveys. We discuss the importance of question wording and the usefulness of new questions to elicit an individual’s distribution of inflation beliefs. We present evidence… CONTINUE READING
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