Four mistakes in the use of measures of expected inflation

Ricardo Reis

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: With the profusion of measures of expected inflation (from market prices and from surveys of households, firms, and professionals) it is a mistake to focus on a single one while ignoring the others. This paper discusses four common arguments for a single focus, and finds each of them to be lacking. In the process, it isolates characteristics of different measures that models that combine them should take into account.

JEL-codes: D84 E31 E37 G20 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2023-05-01
New Economics Papers: this item is included in nep-ger and nep-mon
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Published in AEA Papers and Proceedings, 1, May, 2023, 113, pp. 47 - 51. ISSN: 2574-0768

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http://eprints.lse.ac.uk/118130/ Open access version. (application/pdf)

Related works:
Journal Article: Four Mistakes in the Use of Measures of Expected Inflation (2023)
Working Paper: Four mistakes in the use of measures of expected inflation (2023)
Working Paper: Four mistakes in the use of measures of expected inflation (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:118130

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