Tag: Inflation Expectation
Early signs of inflation expectation de-anchoring back in 2021
Ricardo Reis, economics professor at the London School of Economics, explained that there were telling signs that the increase in cost of living started ealry-2021 was not a "transitory" phenomenon.
FedSpeak Might Not Have Much Effects on Public’s Inflation Expectation
In a recent NBER working paper "Monetary Policy Communications and their Effects on Household Inflation Expectations", economists Olivier Coibion, Yuriy Gorodnichenko and Michael Weber tried to find out how the household's expectation for inflation change with regard to the information they received.
Interviews
Economics Rules – Why Economists do it with Models | Q&A with Dani Rodrik
Rodrik explained why good economists think in terms of models, and what are major differences between models and theory.
He also told us why macroeconomists' quest to find "the one true model" on the business cycle is probably misguided.