Is inflation driven by survey-based, VAR-based or myopic expectations? An empirical assessment from US real-time data

Author:

Bec Frédérique,Kanda Patrick

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference42 articles.

1. Estimation of the parameters of a single equation in a complete system of stochastic equations;Anderson;The Annals of Mathematical Statistics,1949

2. Inattentive professional forecasters;Andrade;Journal of Monetary Economics,2013

3. The theory of rationally heterogeneous expectations: Evidence from survey data on inflation expectations;Branch;The Economic Journal,2004

4. The role of expectations in the FRB/US macroeconomic model;Brayton;Federal Reserve Bulletin,1997

5. Cecchetti, S.G., M. Feroli, P. Hooper, A.K. Kashyap, & Schoenholtz, K. (2017). Deflating Inflation Expectations: The Implications of Inflation’s Simple Dynamics. CEPR Discussion Papers 11925, C.E.P.R. Discussion Papers.

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