Inflation expectations in action : exploring agents' behaviour in a period of high inflation / Naveen Rai, Hayley Touchburn, Matt West.: FB3-6/2025-18E-PDF
"Inflation expectations are important to monetary policy decision-makers. The period of high inflation after the pandemic provides a useful context for exploring how inflation expectations influence the behaviours of firms and consumers. Using survey evidence, we examine how firms and consumers react to their inflation expectations. We find that firm price- and wage-setting behaviours were positively associated with high inflation expectations over the period. These behaviours could reinforce inflation. Consumers' spending and labour market decisions tend to show increased labour supply and reduced consumption in response to high inflation expectations, which could cool rather than reinforce future inflation"--Abstract, page ii.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.958873&sl=0
| Department/Agency |
|
|---|---|
| Title | Inflation expectations in action : exploring agents' behaviour in a period of high inflation / Naveen Rai, Hayley Touchburn, Matt West. |
| 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, 31 pages) : illustrations (chiefly colour). |
| 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: