Inflation Expectations, Disagreement, and Monetary Policy

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Inflation Expectations

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Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring t

Disagreement and Monetary Policy

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Time-variation in disagreement about inflation expectations is a stylized fact in surveys, but little is known on how disagreement interacts with the efficacy o

Disagreement about Future Inflation: Understanding the Benefits of Inflation Targeting and Transparency

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We estimate the determinants of disagreement about future inflation in a large and diverse sample of countries, focusing on the role of monetary policy framewor

Mining the Gap: Extracting Firms’ Inflation Expectations From Earnings Calls

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Using a novel approach involving natural language processing (NLP) algorithms, we construct a new cross-country index of firms' inflation expectations from earn