| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16930 |
| DP16930 The Expected, Perceived, and Realized Inflation of U.S. Households before and during the COVID19 Pandemic | |
| Michael Weber; Yuriy Gorodnichenko | |
| 发表日期 | 2022-01-18 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | As the pandemic spread across the U.S., disagreement among U.S. households about inflation expectations surged along with the mean perceived and expected level of inflation. Simultaneously, the inflation experienced by households became more dispersed. Using matched micro data on spending of households and their macroeconomic expectations, we study the link between the inflation experienced by households in their daily shopping and their perceived and expected levels of inflation both before and during the pandemic. In normal times, realized inflation barely differs across observable dimensions but low income, low education, and Black households experienced a larger increase in realized inflation than other households did. Dispersion in realized and perceived inflation explains a large share of the rise in dispersion in inflation expectations. |
| 主题 | Monetary Economics and Fluctuations |
| URL | https://cepr.org/publications/dp16930 |
| 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/545867 |
| 推荐引用方式 GB/T 7714 | Michael Weber,Yuriy Gorodnichenko. DP16930 The Expected, Perceived, and Realized Inflation of U.S. Households before and during the COVID19 Pandemic. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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