| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16161 |
| DP16161 THE INFLATION EXPECTATIONS OF U.S. FIRMS: EVIDENCE FROM A NEW SURVEY | |
| Bernardo Candia; Yuriy Gorodnichenko | |
| 发表日期 | 2021-05-16 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Introducing a new survey of U.S. firms’ inflation expectations, we document key stylized facts involving what U.S. firms know and expect about inflation and monetary policy. The resulting time series of firms’ inflation expectations displays unique dynamics, distinct from those of households and professional forecasters. By any typical definition of “anchored” expectations, the inflation expectations of U.S. managers appear far from anchored, much like those of households. And like households, U.S. managers are largely uninformed about recent aggregate inflation dynamics or monetary policy. These results complement existing evidence on firms’ inflation expectations from other countries and confirm that inattention to inflation and monetary policy is pervasive among U.S. firms as well. |
| 主题 | Monetary Economics and Fluctuations |
| 关键词 | Expectations Surveys Anchoring Rational inattention Managers |
| URL | https://cepr.org/publications/dp16161 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545134 |
| 推荐引用方式 GB/T 7714 | Bernardo Candia,Yuriy Gorodnichenko. DP16161 THE INFLATION EXPECTATIONS OF U.S. FIRMS: EVIDENCE FROM A NEW SURVEY. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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