On the external validity of experimental inflation forecasts: a comparison with five categories of field expectations

DOI10.1016/J.JEDC.2019.103746OpenAlexW3124765927MaRDI QIDQ2291442

Camille Cornand, Paul Hubert

Publication date: 30 January 2020

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://spire.sciencespo.fr/hdl:/2441/7t8isspkbs8hk8kol9kk9sjdl6

zbMATH Keywords

survey forecastsinflation expectationscentral bank forecastsexperimental forecastsmarket-based forecasts

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Related Items (4)

The behavioral economics of currency unions: economic integration and monetary policy ⋮ Monetary policy rules in a non-rational world: a macroeconomic experiment ⋮ Learning your own ability ⋮ Macroeconomic expectations, central bank communication, and background uncertainty: a COVID-19 laboratory experiment

Cites Work

• The heterogeneous expectations hypothesis: Some evidence from the lab
• An experimental test of Taylor-type rules with inexperienced central bankers
• A naïve sticky information model of households' inflation expectations
• Stabilizing expectations at the zero lower bound: experimental evidence
• Animal spirits and credit cycles
• On the role of heuristics -- experimental evidence on inflation dynamics
• Inflation illusion and the Taylor principle: an experimental study
• The behavioral economics of currency unions: economic integration and monetary policy
• Monetary policy rules in a non-rational world: a macroeconomic experiment
• Experimenter demand effects in economic experiments
• Do professional forecasters believe in the Phillips curve? Evidence from the G7 countries
• Macroeconomic Expectations of Households and Professional Forecasters
• Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve
• INFLATION EXPECTATIONS AND BEHAVIOR: DO SURVEY RESPONDENTS ACT ON THEIR BELIEFS?

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