Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence

By Ruediger Bachmann, T. Berg, Eric R. Sims. 2015

276 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/55e3bf64871da03e41349cd7dc9595699df1efad

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Ricardo Perez-Truglia
2. Michael McMahon
3. Guillermo Cruces
4. V. Ramey

In Economics and Econometrics

1. Alberto Cavallo
2. Ricardo Perez-Truglia
3. Michael McMahon
4. Andrew G. Haldane
5. Guillermo Cruces
6. V. Ramey
7. Y. Gorodnichenko
8. Christopher Roth

Citations in the corpus

• The Expected Inflation Channel of Government Spending in the Postwar U.S. (2013, unknown): “Fourth, Bachmann, Berg and Sims (2013) examine household-level survey data to assess whether higher inflation expectations lead to greater readiness to make a durable good purchase.”
• Inflation Expectations, Learning and Supermarket Prices: Evidence from Survey Experiments (2017, background): “The dependent variable in column (6) is inflation expectations (for the following 12 months) at the time of the follow-up interview.”
• Exposure to Daily Price Changes and Inflation Expectations (2019, unknown): “Our paper also builds on the recent literature that uses micro-level data to study the relationship between inflation expectations and households’ readiness to purchase consumption goods (Bachmann et al. (2015); Crump et al. (2018); D’Acunto, Hoang, and Weber (2016); D’Acunto, Hoang, and Weber (2018”
• IQ, Expectations, and Choice (2019, unknown): “Other recent contributions studying the formation and updating of expectations and the relationship with economic behavior are Zafar (2011), who studies the formation of expectations by college students, Malmendier and Nagel (2016) and Kuchler and Zafar (2018), who study the effect of personal exper”
• The Effect of Unconventional Fiscal Policy on Consumption Expenditure (2016, unknown): “Bachmann et al. (2015) and Burke and Ozdagli (2014) use data from the Michigan Survey of Consumers (MSC) and the New York Fed Survey on Consumer Expectations, and find no economically or statistically significant association between households’ inflation expectations and their readiness to spend on ”
• The Macroeconomic Consequences of Infrastructure Investment (2020, background): “First, Dupor and Li (2015) do not find evidence of the generated inflation effect and Bachmann et al. (2015) do not find an impact of individual consumer inflation expectations on their spending propensities in the Michigan Survey of Consumers.”
• Central Bank Communications and the General Public (2018, background): “There is growing evidence that inflation expectations affect economic and financial choices made by households (Bachmann, Berg, and Sims 2015; Armantier et al. 2015; Malmendier and Nagel 2016).”