Intrinsic and Inherited Inflation Persistence

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Empirical Evidence on Inflation Expectations in the New Keynesian Phillips Curve (2014, methodology): “…λ and γ f reported in various papers differ markedly, but the key message is that all highly cited papers obtain a positive slope coefficient (λ > 0), and, with the exception of Fuhrer (2006) and Henzel and Wollmershäuser (2008), generally find forward-looking behavior to be dominant ( γ f > 0.5).”
The New Keynesian Phillips Curve: From Sticky Inflation to Sticky Prices (2008, background): “…Moore (1995), Fuhrer (1997), as well as recent empirical studies of Rudebusch (2002), Estrella and Fuhrer (2002, 2003), Adam and Padula (2003), Fuhrer and Olivei (2004), Fuhrer (2005), Linde (2005), and Zhang, Osborn and Kim (2006) provide generally consistent evidence with Rudd and Whelan (2005).”