The Role of Media for Inflation Forecast Disagreement of Households and Professional Forecasters

Material TypeArticleLanguageEnglish
TitleThe Role of Media for Inflation Forecast Disagreement of Households and Professional Forecasters Author(S)MICHAEL J LAMLA (Author)
Abstract  This paper investigates the effects of media coverage about consumer price inflation on inflation forecast disagreement of German households and professional forecasters. We adopt a Bayesian learning model in which media coverage of inflation affects forecast disagreement by influencing information sets as well as predictor choice ...Paginationp1325–1350
SubjectEconomicsDescriptorsEconomics
Journal TitleJournal of Money, Credit, and Banking  
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