00000nam 2200000zi 4500 9.950391 CaOODSP 20250430131808 m o d f cr mn||||||||| 250411t20242024oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-5/2024-45E-PDF Dunbar, Geoffrey R., author. Preferences, monetary policy and household inflation / by Geoffrey Dunbar. [Ottawa] : Bank of Canada = Banque du Canada, 2024. ©2024 1 online resource (ii, 28 pages) : graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2024-45 ISSN assigned to different series. "Last updated: November 21, 2024." Includes bibliographical references (pages 24-26). "Household inflation can be decomposed into three terms that reflect nominal expenditure, real quantities and household preferences, using the money pump proposed by Echenique, Lee and Shum (2011). I quantify the importance of changes in household preferences on household inflation rates using 11 years of scanner data for 11,000 US households. I then analyze the effect of monetary policy on household inflation using the monetary policy shocks from Nakamura and Steinsson (2018)"--Abstract, page ii. Includes abstract in French. Monetary policy Economic aspects Canada. Inflation (Finance) Canada. Politique monétaire Aspect économique Canada. Inflation Canada. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2024-45. (CaOODSP)9.806221 PDF 870 KB https://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2024-45-eng.pdf