000	00000nam 2200000zi 4500
001	9.950612
003	CaOODSP
005	20250430092456
006	m     o  d f
007	cr mn|||||||||
008	250430t20252025oncd    ob   f|0| 0 eng d
040	|aCaOODSP|beng|erda|cCaOODSP
041	|aeng|beng|bfre
043	|an-cn---
086	1 |aFB3-5/2025-5E-PDF
100	1 |aKostyshyna, Olena, |eauthor.
245	10|aAnchored inflation expectations : |bwhat recent data reveal / |cby Olena Kostyshyna, Isabelle Salle and Hung Truong.
264	1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2025.
264	4|c©2025
300	|a1 online resource (ii, 52, 13 pages) : |bgraphs.
336	|atext|btxt|2rdacontent
337	|acomputer|bc|2rdamedia
338	|aonline resource|bcr|2rdacarrier
490	1 |aStaff working paper = Document de travail du personnel, |y1701-9397 ; |v2025-5
500	|aISSN assigned to different series.
500	|a"Last updated: January 30, 2025."
504	|aIncludes bibliographical references (pages 37-40).
520	3 |a"We analyze micro-level data from the Canadian Survey of Consumer Expectations through the lens of a heterogeneous-expectations model to study the state-dependent risk of inflation expectations unanchoring in low- and high-inflation environments. In our model, agents are either trend-chasing or mean-reverting forecasters of inflation. We interpret the degree of mean reversion in inflation expectations as a measure of anchoring, which varies over time with the share of agents using each approach"--Abstract, page ii.
546	|aIncludes abstract in French.
650	0|aInflation (Finance)|zCanada.
650	6|aInflation|zCanada.
710	2 |aBank of Canada, |eissuing body.
830	#0|aStaff working paper (Bank of Canada)|v2025-5.|w(CaOODSP)9.806221
856	40|qPDF|s1.16 MB|uhttps://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2025-5-eng.pdf