Effective Use of Survey Information in Estimating the Evolution of Expected Inflation

Material TypeArticleLanguageEnglish
TitleEffective Use of Survey Information in Estimating the Evolution of Expected Inflation Author(S)SHARON KOZICKI (Author)
Abstract  Livingston Survey;inflation persistence;shifting endpoint;unobserved components;expectations;Kalman filter The evolution of the term structure of expected U.S. inflation is modeled using survey data to provide timely information on structural change not contained in lagged inflation data. To capture shifts in subjective perceptions, the model is adaptive to long-horizon survey expectations ...Paginationp145–169
SubjectEconomicsDescriptorsEconomics
Journal TitleJournal of Money, Credit, and Banking  
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