Do Actions Speak Louder than Words? Household Expectations of Inflation Based on Micro Consumption Data

60 Pages Posted: 8 Jun 2016

See all articles by Atsushi Inoue

Atsushi Inoue

Vanderbilt University - College of Arts and Science - Department of Economics

Lutz Kilian

University of Michigan at Ann Arbor - Department of Economics; Centre for Economic Policy Research (CEPR)

Fatma Burcu Kiraz

North Carolina State University - Department of Agricultural & Resource Economics

Date Written: 2006

Abstract

Survey data on household expectations of inflation are routinely used in economic

Keywords: Inflation Expectations, Consumer Expenditure Survey, Michigan Survey of Consumers, Survey of Professional Forecasters, Euler Equation

JEL Classification: D84, D12, E31

Suggested Citation

Inoue, Atsushi and Kilian, Lutz and Kiraz, Fatma Burcu, Do Actions Speak Louder than Words? Household Expectations of Inflation Based on Micro Consumption Data (2006). Bundesbank Series 1 Discussion Paper No. 2006,26. Available at SSRN: https://ssrn.com/abstract=2785253

Atsushi Inoue (Contact Author)

Vanderbilt University - College of Arts and Science - Department of Economics ( email )

Box 1819 Station B
Nashville, TN 37235
United States

Lutz Kilian

University of Michigan at Ann Arbor - Department of Economics ( email )

611 Tappan Street
Ann Arbor, MI 48109-1220
United States
734-764-2320 (Phone)
734-764-2769 (Fax)

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Fatma Burcu Kiraz

North Carolina State University - Department of Agricultural & Resource Economics ( email )

Box 8109
3332 Nelson Hall
Raleigh, NC 27695-8109
United States

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