Whose Inflation Expectations Best Predict Inflation?
| العنوان: | Whose Inflation Expectations Best Predict Inflation? |
|---|---|
| المؤلفون: | Saeed Zaman, Randal J. Verbrugge |
| المصدر: | Economic Commentary (Federal Reserve Bank of Cleveland). :1-7 |
| بيانات النشر: | Federal Reserve Bank of Cleveland, 2021. |
| سنة النشر: | 2021 |
| مصطلحات موضوعية: | Inflation, media_common.quotation_subject, Benchmark (surveying), Econometrics, Economics, media_common, Financial market participants |
| الوصف: | We examine the predictive relationship between various measures of inflation expectations and future inflation. We find that the expectations of professional economists and of businesses have tended to provide more accurate predictions of future inflation than the expectations of households and of financial market participants. However, the forecasts coming from a relatively simple and popular benchmark inflation forecasting model have historically been roughly as accurate as the expectations of businesses and professional economists. |
| تدمد: | 2163-3738 0428-1276 |
| DOI: | 10.26509/frbc-ec-202119 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_________::af47a206434602d75c2600b5c19d1d7c https://doi.org/10.26509/frbc-ec-202119 |
| Rights: | OPEN |
| رقم الانضمام: | edsair.doi...........af47a206434602d75c2600b5c19d1d7c |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 21633738 04281276 |
|---|---|
| DOI: | 10.26509/frbc-ec-202119 |