Inflation Expectations, Learning, and Supermarket Prices: Evidence from Survey Experiments
(2017)
Journal Article
Cavallo, A., Cruces, G., & Perez-Truglia, R. (2017). Inflation Expectations, Learning, and Supermarket Prices: Evidence from Survey Experiments. American Economic Journal: Macroeconomics, 9(3), 1-35. https://doi.org/10.1257/mac.20150147
Information frictions play a central role in the formation of household inflation expectations, but there is no consensus about their origins. We address this question with novel evidence from survey experiments. We document two main findings. First,... Read More about Inflation Expectations, Learning, and Supermarket Prices: Evidence from Survey Experiments.