Arbeitspapier
Inflation levels and (in)attention
Inflation expectations are key determinants of economic activity and are central to the current policy debate about whether inflation expectations will remain anchored in the face of recent pandemic-related increases in inflation. This paper explores evidence of inattention by constructing two different measures of consumers' inattention and documents greater inattention when inflation is low. This suggests that there is indeed a risk of an acceleration in the increases in inflation expectations if actual inflation remains high.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Papers ; No. 22-4
- Classification
-
Wirtschaft
Information, Knowledge, and Uncertainty: General
Price Level; Inflation; Deflation
Macro-Based Behavioral Economics: General‡
- Subject
-
inattention
inflation expectations
expectation anchoring
- Event
-
Geistige Schöpfung
- (who)
-
Bracha, Anat
Tang, Jenny
- Event
-
Veröffentlichung
- (who)
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Federal Reserve Bank of Boston
- (where)
-
Boston, MA
- (when)
-
2022
- DOI
-
doi:10.29412/res.wp.2022.04
- Handle
- Last update
- 10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bracha, Anat
- Tang, Jenny
- Federal Reserve Bank of Boston
Time of origin
- 2022
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