Expectations' Anchoring and Inflation Persistence /
Understanding the sources of inflation persistence is crucial for monetary policy. This paper provides an empirical assessment of the influence of inflation expectations' anchoring on the persistence of inflation. We construct a novel index of inflation expectations' anchoring using survey...
| Main Author: | Bems, Rudolfs |
|---|---|
| Other Authors: | Caselli, Francesca, Grigoli, Francesco, Gruss, Bertrand |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2018.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2018/280 |
| Online Access: | Full text available on IMF |
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