Raphael Schoenle

Independent

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Low Pass-through from Inflation Expectations to Income Growth Expectations: Why People Dislike Inflation

IDB-WP No. 1672

Number of pages: 80 Posted: 31 Jan 2026

Ina Hajdini, Edward S. Knotek, John Leer, Mathieu Pedemonte, Robert W. Rich and Raphael Schoenle

Federal Reserve Bank of Cleveland, Federal Reserve Bank of Cleveland, Federal Reserve Bank of Boston, Inter-American Development Bank (IDB), Federal Reserve Bank of Cleveland and Independent

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