Does survey data contain useful information for estimating macroeconomic models? We address this question by using survey data of inflation expectations to esti

Do survey data on inflation expectations contain useful information for estimating macroeconomic models? I address this question by using survey data in the New

Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring t

It is claimed in this book that expectations should not necessarily be treated as unobservable variables and that there is much to be learned from survey data.

A crucial challenge for economists is figuring out how people interpret the world and form expectations that will likely influence their economic activity. Infl