Details about Damjan Pfajfar

Access statistics for papers by Damjan Pfajfar.

Last updated 2020-08-26. Update your information in the RePEc Author Service.

Short-id: ppf8

Working Papers

2020

1. Latent Variables Analysis in Structural Models: A New Decomposition of the Kalman Smoother
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
2. The Hidden Heterogeneity of Inflation Expectations and its Implications
   Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät
   Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2020)
3. The Multiplier Effect of Education Expenditure
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
4. When is the Fiscal Multiplier High? A Comparison of Four Business Cycle Phases
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
   Also in Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2020)

2019

5. Duration Dependence, Monetary Policy Asymmetries, and the Business Cycle
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (3)
6. Inflation and Deflationary Biases in Inflation Expectations
   VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy, Verein für Socialpolitik / German Economic Association
   Also in Essex Finance Centre Working Papers, University of Essex, Essex Business School (2019)
   BIS Working Papers, Bank for International Settlements (2019)
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2019)

2018

7. Confidence in Central Banks and Inflation Expectations
   2018 Meeting Papers, Society for Economic Dynamics
8. The Role of Expectations in Changed Inflation Dynamics
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (1)

2017

9. Policy Shocks and Wage Rigidities: Empirical Evidence from Regional Effects of National Shocks
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (4)

2015

10. Are Consumer Expectations Theory-Consistent? The Role of Macroeconomic Determinants and Central Bank Communication
    VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association View citations (3)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2013) View citations (3)
    KOF Working papers, KOF Swiss Economic Institute, ETH Zurich (2013) View citations (3)
    Macroeconomics and Finance Series, University of Hamburg, Department of Socioeconomics (2014)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2013)
11. Are Survey Expectations Theory-Consistent? The Role of Central Bank Communication and News
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
    See also Journal Article in European Economic Review (2016)
12. Consumers' Attitudes and Their Inflation Expectations
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
    See also Journal Article in International Journal of Central Banking (2017)
13. Inflation Expectations and Monetary Policy Design: Evidence from the Laboratory
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (4)
    See also Journal Article in Macroeconomic Dynamics (2018)

2014

14. Consumer Attitudes and the Epidemiology of Inflation Expectations
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (1)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2014) View citations (6)
    Staff Working Papers, Bank of Canada (2014) View citations (6)
15. Experimental evidence on inflation expectation formation
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (64)
    See also Journal Article in Journal of Economic Dynamics and Control (2014)
16. Loss Aversion and the Asymmetric Transmission of Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (38)
    Also in Discussion Papers, University of Copenhagen. Department of Economics (2012) View citations (15)
    See also Journal Article in Journal of Monetary Economics (2014)
17. Pricing decisions in an experimental dynamic stochastic general equilibrium economy
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article in Journal of Economic Behavior & Organization (2015)
18. The role of financial intermediaries in monetary policy transmission
    DNB Working Papers, Netherlands Central Bank, Research Department View citations (23)
    See also Journal Article in Journal of Economic Dynamics and Control (2014)

2012

19. Credit Frictions, Collateral and the Cyclical Behaviour of the Finance Premium
    Centre for Growth and Business Cycle Research Discussion Paper Series, Economics, The Univeristy of Manchester View citations (9)
    See also Journal Article in Macroeconomic Dynamics (2014)
20. Credit Market Distortions, Asset Prices and Monetary Policy
    Other publications TiSEM, Tilburg University, School of Economics and Management
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2012) View citations (2)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2012)
    Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2008) View citations (9)
    See also Journal Article in Macroeconomic Dynamics (2014)
21. Formation of Rationally Heterogeneous Expectations
    Discussion Paper, Tilburg University, Center for Economic Research
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (2012)
    See also Journal Article in Journal of Economic Dynamics and Control (2013)
22. News on Inflation and the Epidemiology of Inflation Expectations
    Other publications TiSEM, Tilburg University, School of Economics and Management
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2012) View citations (2)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2012)
    See also Journal Article in Journal of Money, Credit and Banking (2013)
23. Uncertainty and Disagreement in Forecasting Inflation: Evidence from the Laboratory (Revised version of CentER DP 2011-053)
    Discussion Paper, Tilburg University, Center for Economic Research View citations (2)
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (2012)
24. Uncertainty and Disagreement in Forecasting Inflation: Evidence from the Laboratory (Revised version of EBC DP 2011-014)
    Other publications TiSEM, Tilburg University, School of Economics and Management

2011

25. Frictions, Persistence, and Central Bank Policy in an Experimental Dynamic Stochastic General Equilibrium Economy
    Other publications TiSEM, Tilburg University, School of Economics and Management
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (2011)
    Discussion Paper, Tilburg University, Center for Economic Research (2011) View citations (18)
26. Inflation Expectations and Monetary Policy Design: Evidence from the Laboratory (Replaces CentER DP 2009-007)
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (1)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2011) View citations (42)
27. Uncertainty and Disagreement in Forecasting Inflation: Evidence from the Laboratory (Replaced by CentER DP 2012-072)
    Discussion Paper, Tilburg University, Center for Economic Research View citations (5)
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (2011)

2010

28. Heterogeneity, Learning and Information Stickiness in Inflation Expectations
    Post-Print, HAL View citations (55)
    See also Journal Article in Journal of Economic Behavior & Organization (2010)
29. Reference-Dependent Preferences and the Transmission of Monetary Policy
    Other publications TiSEM, Tilburg University, School of Economics and Management
    Also in Working Papers of Department of Economics, Leuven, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven (2010) View citations (3)
    Discussion Paper, Tilburg University, Center for Economic Research (2010) View citations (4)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2010)

2008

30. Asymmetries in Inflation Expectation Formation Across Demographic Groups
    Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (27)
31. Determinacy, Stock Market Dynamics and Monetary Policy Inertia
    Discussion Papers, University of Copenhagen. Department of Economics
    See also Journal Article in Economics Letters (2011)

2007

32. Heterogeneity, Asymmetries and Learning in InfIation Expectation Formation: An Empirical Assessment
    Money Macro and Finance (MMF) Research Group Conference 2006, Money Macro and Finance Research Group View citations (3)

2006

33. Heterogeneity and learning in inflation expectation formation: an empirical assessment
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (7)

Journal Articles

2020

1. Inflation: Drivers and Dynamics | 2019 CEBRA Annual Meeting Session Summary
   Economic Commentary, 2020, 2020, (14), 3

2018

2. INFLATION EXPECTATIONS AND MONETARY POLICY DESIGN: EVIDENCE FROM THE LABORATORY
   Macroeconomic Dynamics, 2018, 22, (4), 1035-1075 View citations (12)
   See also Working Paper (2015)

2017

3. Consumers' Attitudes and Their Inflation Expectations
   International Journal of Central Banking, 2017, 13, (1), 225-259 View citations (25)
   See also Working Paper (2015)

2016

4. Are survey expectations theory-consistent? The role of central bank communication and news
   European Economic Review, 2016, 85, (C), 84-111 View citations (41)
   See also Working Paper (2015)
5. Uncertainty in forecasting inflation and monetary policy design: Evidence from the laboratory
   International Journal of Forecasting, 2016, 32, (3), 849-864 View citations (5)

2015

6. Pricing decisions in an experimental dynamic stochastic general equilibrium economy
   Journal of Economic Behavior & Organization, 2015, 109, (C), 188-202 View citations (10)
   See also Working Paper (2014)

2014

7. CREDIT FRICTIONS, COLLATERAL, AND THE CYCLICAL BEHAVIOR OF THE FINANCE PREMIUM
   Macroeconomic Dynamics, 2014, 18, (5), 985-997 View citations (19)
   Also in EconStor Open Access Articles, 2014, 985-997 (2014) View citations (14)
   See also Working Paper (2012)
8. CREDIT MARKET DISTORTIONS, ASSET PRICES AND MONETARY POLICY
   Macroeconomic Dynamics, 2014, 18, (3), 631-650 View citations (6)
   See also Working Paper (2012)
9. Experimental evidence on inflation expectation formation
   Journal of Economic Dynamics and Control, 2014, 44, (C), 147-168 View citations (52)
   See also Working Paper (2014)
10. Loss aversion and the asymmetric transmission of monetary policy
    Journal of Monetary Economics, 2014, 68, (C), 19-36 View citations (37)
    See also Working Paper (2014)
11. The role of financial intermediaries in monetary policy transmission
    Journal of Economic Dynamics and Control, 2014, 43, (C), 1-11 View citations (22)
    See also Working Paper (2014)

2013

12. Formation of rationally heterogeneous expectations
    Journal of Economic Dynamics and Control, 2013, 37, (8), 1434-1452 View citations (13)
    See also Working Paper (2012)
13. News on Inflation and the Epidemiology of Inflation Expectations
    Journal of Money, Credit and Banking, 2013, 45, (6), 1045-1067 View citations (43)
    See also Working Paper (2012)

2011

14. Determinacy, stock market dynamics and monetary policy inertia
    Economics Letters, 2011, 112, (1), 7-10 View citations (9)
    See also Working Paper (2008)

2010

15. Heterogeneity, learning and information stickiness in inflation expectations
    Journal of Economic Behavior & Organization, 2010, 75, (3), 426-444 View citations (89)
    See also Working Paper (2010)

Chapters

2014

1. Persistence of Shocks in an Experimental Dynamic Stochastic General Equilibrium Economy
   A chapter in Experiments in Macroeconomics, 2014, vol. 17, pp 71-108 View citations (4)