Carola Binder on the Importance of Inflation Expectations and How Policymakers Should Respond
Macro Musings with David Beckworth
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The Big Rise in Inflation Expectations
Carola, you have your own paper on this, which is interesting. You the paper on the crean war and inflation expectations to tell us why this is kind of a need period to look at this question. And i would say we found basically what i told you about the other literatures, like somewhat mixed or unclear results. I mean, we did find statistically significant results that were in the direction theory would predict. But again, it was like, pretty small. We didn't find it across every category of goods. Yet i think it as pretty consistent with the other literature in that respect.
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