Zobrazeno 1 - 10
of 61
pro vyhledávání: '"Robert W. Rich"'
Autor:
Ina Hajdini, Edward S. Knotek, John Leer, Mathieu O. Pedemonte, Robert W. Rich, Raphael S. Schoenle
Publikováno v:
Working paper (Federal Reserve Bank of Cleveland).
Using a novel experimental setup, we study the direction of causality between consumers’ inflation expectations and their income growth expectations. In a large, nationally representative survey of US consumers, we find that the rate of passthrough
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3b78af524b9c4ba68e4838b7301d9d47
https://doi.org/10.26509/frbc-wp-202221r
https://doi.org/10.26509/frbc-wp-202221r
Publikováno v:
Handbook of Economic Expectations ISBN: 9780128229279
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::579caebbeb2c424c932b3d836ba51db5
https://doi.org/10.1016/b978-0-12-822927-9.00009-4
https://doi.org/10.1016/b978-0-12-822927-9.00009-4
Autor:
Ina Hajdini, Edward S. Knotek, John Leer, Mathieu O. Pedemonte, Robert W. Rich, Raphael S. Schoenle
Publikováno v:
Working paper (Federal Reserve Bank of Cleveland).
Based on indirect utility theory, we introduce a novel methodology of measuring inflation expectations indirectly. This methodology starts at the individual level, asking consumers about the change in income required to buy the same amounts of goods
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::14ca52513b5977996cb862295e7407d7
https://doi.org/10.26509/frbc-wp-202235
https://doi.org/10.26509/frbc-wp-202235
Autor:
Robert W. Rich, Joseph S. Tracy
Publikováno v:
Working paper (Federal Reserve Bank of Cleveland).
This paper focuses on the implications of alternative methods of aggregating individual wage data for the behavior of economy-wide wage growth. The analysis is motivated by evidence of significant heterogeneity in individual wage growth and its cycli
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b4278e6206ad1dd10021d80975a409fb
https://doi.org/10.26509/frbc-wp-202222
https://doi.org/10.26509/frbc-wp-202222
Publikováno v:
Economic Commentary (Federal Reserve Bank of Cleveland). :1-7
This Commentary examines the response of longer-run inflation expectations to the FOMC’s August 2020 announced switch to a flexible average inflation-targeting (FAIT) regime. The data indicate an upward shift in the lower end (below 2 percent) of t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::46b8c56bb4164819396bb31275326eb9
https://doi.org/10.26509/frbc-ec-202109
https://doi.org/10.26509/frbc-ec-202109
Autor:
Colin Hottman, Michael Weber, Philippe Andrade, Christian Höynck, Robert W. Rich, Giovanni Ricco, Raphael Schoenle, Marco Del Negro, Daniel Isaac Narrias Villar, Edward S. Knotek, Matthius Meier, Elisa Rubbo
Publikováno v:
Economic Commentary (Federal Reserve Bank of Cleveland). :1-7
To provide insights into the processes that drive inflationary dynamics, the Federal Reserve Bank of Cleveland holds an annual conference on the topic of inflation: the Inflation: Drivers and Dynamics series. The 2020 installment of the conference wa
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::11c2702092b92161ded4700cd579fd2f
https://doi.org/10.26509/frbc-ec-202102
https://doi.org/10.26509/frbc-ec-202102
Autor:
Alexander M. Dietrich, Edward S. Knotek, Kristian Ove R. Myrseth, Robert W. Rich, Raphael S. Schoenle, Michael Weber
Publikováno v:
Working paper (Federal Reserve Bank of Cleveland).
Using novel survey evidence on consumer inflation expectations disaggregated by personal consumption expenditure (PCE) categories, we document the paradox that consumers' aggregate inflation expectations usually exceed any individual category expecta
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::55b857aa583eeee28bfa844ba009fdb6
https://doi.org/10.26509/frbc-wp-202220
https://doi.org/10.26509/frbc-wp-202220
Publikováno v:
Working paper (Federal Reserve Bank of Cleveland).
This chapter provides an overview of surveys of professional forecasters, with a focus on the U.S. Survey of Professional Forecasters and the European Central Bank Survey of Professional Forecasters. A distinguishing feature of these surveys is that
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e29b3633ff23ef12d766fb2cc4825fd0
https://doi.org/10.26509/frbc-wp-202213
https://doi.org/10.26509/frbc-wp-202213
Autor:
Joseph Tracy, Robert W. Rich
Publikováno v:
Journal of Money, Credit and Banking. 53:233-253
This paper examines point and density forecasts of real GDP growth, inflation and unemployment from the European Central Bank’s Survey of Professional Forecasters. We present individual uncertainty measures and introduce individual point- and densi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::fb50666011d82874cd03353180abf4c8
https://doi.org/10.1111/jmcb.12728
https://doi.org/10.1111/jmcb.12728
Publikováno v:
Economic Commentary (Federal Reserve Bank of Cleveland).
Median and trimmed-mean inflation rates tend to be useful estimates of trend inflation over long periods, but they can exhibit persistent departures from the underlying trend over shorter horizons. In this Commentary, we document that the extent of t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::002f2ba7fdcfa411eb98edb1d7b7e35e
https://doi.org/10.26509/frbc-ec-202205
https://doi.org/10.26509/frbc-ec-202205