[go: up one dir, main page]

IDEAS home Printed from https://ideas.repec.org/a/aea/apandp/v113y2023p47-51.html
   My bibliography  Save this article

Four Mistakes in the Use of Measures of Expected Inflation

Author

Listed:
  • Ricardo Reis
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.

Suggested Citation

  • Ricardo Reis, 2023. "Four Mistakes in the Use of Measures of Expected Inflation," AEA Papers and Proceedings, American Economic Association, vol. 113, pages 47-51, May.
  • Handle: RePEc:aea:apandp:v:113:y:2023:p:47-51
    DOI: 10.1257/pandp.20231033
    as

    Download full text from publisher

    File URL: https://www.aeaweb.org/doi/10.1257/pandp.20231033
    Download Restriction: no

    File URL: https://www.aeaweb.org/doi/10.1257/pandp.20231033.ds
    Download Restriction: Access to full text is restricted to AEA members and institutional subscribers.

    File URL: https://libkey.io/10.1257/pandp.20231033?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Ricardo Reis, 2022. "Expected Inflation in the Euro Area: Measurement and Policy Responses," Discussion Papers 2301, Centre for Macroeconomics (CFM).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ivan Yotzov & Nicholas Bloom & Philip Bunn & Paul Mizen & Gregory Thwaites, 2024. "The Speed of Firm Response to Inflation," Discussion Papers 2425, Centre for Macroeconomics (CFM).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item

      JEL classification:

      • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
      • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
      • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
      • G20 - Financial Economics - - Financial Institutions and Services - - - General

      Statistics

      Access and download statistics

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:apandp:v:113:y:2023:p:47-51. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.