Anchored inflation expectations : what recent data reveal / by Olena Kostyshyna, Isabelle Salle and Hung Truong.: FB3-5/2025-5E-PDF
"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.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.950612&sl=0
| Department/Agency |
|
|---|---|
| Title | Anchored inflation expectations : what recent data reveal / by Olena Kostyshyna, Isabelle Salle and Hung Truong. |
| Series title |
|
| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
| Electronic document | |
| Note(s) |
|
| Publishing information |
|
| Author / Contributor |
|
| Description | 1 online resource (ii, 52, 13 pages) : graphs. |
| Catalogue number |
|
| Subject terms |
Request alternate formats
To request an alternate format of a publication, complete the Government of Canada Publications email form. Use the form’s “question or comment” field to specify the requested publication.Page details
- Date modified: