Updating inflation expectations: Evidence from micro-data

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Authors

Utilizing the Michigan Household Consumer survey's rotating panel microstructure we can identify if individuals have adjusted their expectations towards inflation. This allows us to directly capture the updating behavior of individual consumers regarding their short- and long-run inflation expectations.

Original languageEnglish
JournalEconomics Letters
Volume117
Issue number3
Pages (from-to)807-810
Number of pages4
ISSN0165-1765
DOIs
Publication statusPublished - 12.2012
Externally publishedYes

    Research areas

  • Economics - Micro-data, Time-varying degree of inattention, Updating Inflation expectations