Heterogeneity, learning and information stickiness in inflation expectations
By D. Pfajfar, E. Santoro. 2010
174 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/8e7cb3daa2805f70a8120dd6d4b9abe1b8186eda
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Cars H. Hommes
- Stefan Nagel
- D. Massaro
- Ulrike Malmendier
- T. Assenza
- P. Heemeijer
- Camelia M. Kuhnen
- Frank H. Westerhoff
In Finance
- Stefan Nagel
- D. Massaro
- T. Assenza
- Ulrike Malmendier
- P. Heemeijer
- Cars H. Hommes
- David A. Hirshleifer
- Frank H. Westerhoff
Citations in the corpus
- Learning from Inflation Experiences (2016, background): “This explanation of perpetual learning is not only consistent with the time-series of aggregate inflation expectations, but also, as we have shown above, with cross-sectional heterogeneity of inflation expectations, and, as shown in Piazzesi and Schneider (2012), with heterogeneity in borrowing and ”
- INTEREST RATE RULES AND MACROECONOMIC STABILITY UNDER HETEROGENEOUS EXPECTATIONS (2012, unknown): “This result is well known also for the full version of the New Keynesian model with frictions; see Woodford (2003). 7.”
- Heterogeneous Expectations in Monetary DSGE Models (2013, unknown): “Carroll (2003), Mankiw, Reis, and Wolfers (2003), Branch (2004), Pfajfar and Santoro (2010) and Pfajfar (2008) recently provided empirical evidence in support of heterogeneous expectations using survey data on inflation expectations, while Hommes, Sonnemans, Tuinstra, and van de Velden (2005), Adam…”
- Individual Expectations and Aggregate Macro Behavior (2011, background): “Pfajfar and Santoro (2010) measure the degree of heterogeneity in private agents’ inflation forecasts by exploring time series of percentiles from the empirical distribution of survey data.”