Seminar
Past
How to Limit the Spillover from an Inflation Surge to Inflation Expectations?
Damjan Pfajfar
- Date16 November 2023
- Time 11h30 - 12h30
- Room F148 & Online
Résumé
We study the effects of forward-looking communication in an environment of rising inflation rates on German consumers’ inflation expectations using a randomized control trial. We show that information about rising inflation increases short- and long-term inflation expectations. This initial increase in expectations can be mitigated using forward-looking information about inflation. Among these information treatments, professional forecasters’ projections seem to reduce inflation expectations by more than policymaker’s characterization of inflation as a temporary phenomenon.
Related document(s)
Other seminars
What Do 12 Billion Card Transactions Say About House Prices and Consumption?
-
Seminar
-
Banque de France - TSE Macroeconomics Seminars
-
Date 1 December 2026
-
Place online and room 4 great hall
-
Speaker or organiser Ragnar Enger Juelsrud (Norges Bank)
Détails
Quantitative Easing and Government Debt Sustainability
-
Seminar
-
Banque de France - TSE Macroeconomics Seminars
-
Date 17 November 2026
-
Place Online and room 6 Great Hall
-
Speaker or organiser Sebastian Merkel (University of Bristol)
Détails
Past
Inflation Expectations and Wage Setting: The Role of Downward Nominal Wage Rigidity
-
Seminar
-
Banque de France - TSE Macroeconomics Seminars
-
Date 3 November 2026
-
Place Online and room E336
-
Speaker or organiser Sarah Lein (University of Basel)
Détails