Presentations
| 22.12.2018
Inflation Expectation Formation: Laboratory Experiment in High and Low Inflation Environment
Theory: New Keynesian Phillips curve
Empirical studies: Galí, Gertler and López-Salido (2001), Taylor (2000)
Policy: efforts of central banks in measuring inflation expectations
But inflation expectations are unobservable! Survey or experiment?
Empirical studies: Galí, Gertler and López-Salido (2001), Taylor (2000)
Policy: efforts of central banks in measuring inflation expectations
But inflation expectations are unobservable! Survey or experiment?