Behavioral Economics of Inflation Expectations

Behavioral Economics of Inflation Expectations

Macroeconomics Meets Psychology

Roetheli, Tobias F.

Cambridge University Press

08/2020

243

Mole

Inglês

9781108447065

15 a 20 dias

1. Patterns and expectations; 2. Extrapolation and expectations; 3. Eliciting expectations under laboratory conditions; 4. Features of the laboratory data; 5. Similarity matching and scaling the experimental data; 6. Pattern extrapolation and expectations measured by consumer surveys; 7. Heterogeneity and uncertainty of inflation expectations; 8. Inflation dynamics; 9. Explaining the course of interest rates; 10. Generalizing the pattern-based approach; 11. A detour to income expectations; 12. The Fisher effect in historical times; 13. Expectations of high inflation; 14. The Fisher effect in Asian economies; 15. The Fisher effect in African economies; 16. Estimates of expected inflation for major economies; 17. Estimates of expected real interest rates for major economies; Epilogue.
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