Learning from Inflation Experiences

No abstract is available for this paper.

• Publication year

  2016

• Venue

  Quarterly Journal of Economics

• Publication date

  2016-02-01

• Fields of study

  Economics

• Identifiers
  DOI 10.1093/QJE/QJV037
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

• Uncertainty and Economic Activity: Evidence from Business Survey Data

  2013cited by this paper
• Natural Expectations, Macroeconomic Dynamics, and Asset Pricing

  2012cited by this paper
• Memories of High Inflation

  2012cited by this paper
• Do Investors Learn from Experience? Evidence from Frequent IPO Investors

  2011cited by this paper
• Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking?

  2011influential reference
• Overconfidence and Early‐Life Experiences: The Effect of Managerial Traits on Corporate Financial Policies

  2011influential reference
• IRRATIONAL EXUBERANCE?

  2011cited by this paper
• Expectations, Learning and Business Cycle Fluctuations

  2011cited by this paper
• Inexperienced Investors and Bubbles

  2010influential reference
• The Relationships among Expected Inflation, Disagreement, and Uncertainty: Evidence from Matched Point and Density Forecasts

  2010cited by this paper
• The Long-Term Labor Market Consequences of Graduating from College in a Bad Economy

  2010cited by this paper
• Heterogeneity, learning and information stickiness in inflation expectations

  2010cited by this paper
• Bank-Lending Standards, the Cost Channel and Inflation Dynamics

  2010influential reference
• Inference in models with adaptive learning

  2010cited by this paper
• Natural Expectations and Macroeconomic Fluctuations.

  2010cited by this paper
• Trend and Cycle in Bond Premia

  2009influential reference
• Federal Reserve Bank of Minneapolis Research Department Sta Report 423 April 2009 In ation and the Price of Real Assets

  2009cited by this paper
• The Formation of Inflation Expectations: An Empirical Analysis for the UK

  2009cited by this paper
• Do Actions Speak Louder than Words? Household Expectations of Inflation Based on Micro Consumption Data

  2009cited by this paper
• Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average?

  2008cited by this paper
• Do Investors Overweight Personal Experience? Evidence from IPO Subscriptions

  2008cited by this paper
• Inflation dynamics: a speech at the Annual Macro Conference, Federal Reserve Bank of San Francisco, San Francisco, California, March 23, 2007

  2007cited by this paper
• Sticky information and model uncertainty in survey data on inflation expectations

  2007cited by this paper
• Inflation expectations and inflation forecasting

  2007influential reference
• Efficient Tests of Stock Return Predictability

  2006influential reference
• Inflation and the Redistribution of Nominal Wealth

  2006cited by this paper
• A simple recursive forecasting model

  2006cited by this paper
• Pervasive Stickiness By

  2006cited by this paper
• The American Mortgage in Historical and International Context

  2005cited by this paper
• INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY

  2005cited by this paper
• Expectations, Learning and Macroeconomic Persistence Expectations, Learning and Macroeconomic Persistence 1

  2005influential reference
• CEO Overconfidence and Corporate Investment

  2005cited by this paper
• Cyclical Dynamics in Idiosyncratic Labor Market Risk

  2004cited by this paper
• Demography and the Long-Run Predictability of the Stock Market

  2004cited by this paper
• THE T HEORY O F R ATIONALLY H ETEROGENEOUS EXPECTATIONS: E VIDENCE F ROM S URVEY D ATA ON I NFLATION E XPECTATIONS*

  2004influential reference
• Learning with bounded memory in stochastic models

  2003cited by this paper
• Macroeconomic Expectations of Households and Professional Forecasters

  2003influential reference
• Disagreement about Inflation Expectations

  2003cited by this paper
• Recurrent Hyperinflations and Learning

  2003cited by this paper
• Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve

  2002influential reference
• Imperfect Knowledge, Inflation Expectations, and Monetary Policy

  2002cited by this paper
• Learning and expectations in macroeconomics

  2001cited by this paper
• The curiously different inflation perspectives of men and women

  2001cited by this paper
• Predictive Regressions

  1999cited by this paper
• The Conquest of American Inflation

  1999cited by this paper
• Is inflation sticky

  1997cited by this paper
• Disagreement as a Measure of Uncertainty

  1996influential reference
• Why Do People Dislike Inflation?

  1996cited by this paper
• Bounded rationality in macroeconomics

  1993cited by this paper
• Convergence of Least Squares Learning Mechanisms in Self- Referential Linear Stochastic Models*

  1989cited by this paper
• Consensus and Uncertainty in Economic Prediction

  1987cited by this paper
• Indicators of Consumer Behavior: The University of Michigan Surveys of Consumers

  1982cited by this paper
• Learning, estimation, and the stability of rational expectations

  1982influential reference
• Differential Inflationary Expectations and the Variability of the Rate of Inflation: Theory and Evidence

  1979cited by this paper
• Reaching a Consensus

  1974cited by this paper
• Availability: A heuristic for judging frequency and probability

  1973cited by this paper
• The General Theory of Employment, Interest and Money.

  1936cited by this paper
• The General Theory of Employment, Interest and Money

  1936influential reference
• Federal Reserve Bank of New York Staff Reports the Relationship between Expected Inflation, Disagreement, and Uncertainty: Evidence from Matched Point and Density Forecasts the Relationship between Expected Inflation, Disagreement, and Uncertainty: Evidence from Matched Point and Density Forecasts

  year unknowncited by this paper

• Economic or political uncertainty in early life reduces later tolerance

  2026cites this paper
• DECODING UNDERPREDICTION AND ANCHORING IN BEA'S GDP BACKCASTS

  2026cites this paper
• The Effects of Biased Labor Market Expectations on Consumption, Wealth Inequality, and Welfare

  2026cites this paper
• Implicit extrapolation and the beliefs channel of investment demand

  2026cites this paper
• The gambler's fallacy in housing price expectations: Evidence from China

  2026cites this paper
• IPO Underwriting Incentives and Macroeconomic Forecast Optimism

  2026cites this paper
• Robust regularities in the heterogeneity of consumer price inflation

  2026cites this paper
• Do Risky Banks Pay Their Employees More?

  2026cites this paper
• Inflation expectations and political polarization: Evidence from the cooperative election study

  2026cites this paper
• Unconventional Fiscal Policy: Theoretical Perspectives, Empirical Challenges, and Future Directions

  2026cites this paper
• Expectation-driven term structure of equity and bond yields

  2026cites this paper
• Experiences, expectations, and asset prices

  2026cites this paper
• The role of wage expectations in the labor market

  2026cites this paper
• Data Engineering for Cognitive Economics

  2025cites this paper
• The Role of Wage Expectations in the Labor Market

  2025cites this paper
• The valuation of economic recovery: The case for investment-led fiscal spending policies in open economies

  2025cites this paper
• Workers’ Perceptions of Earnings Growth and Employment Risk

  2025cites this paper
• Repetita Iuvant: Mutual Fund Performance During the COVID Pandemic

  2025cites this paper
• Risk-Taking Adaptation to Macroeconomic Experiences

  2025cites this paper
• Mr. Jones, unless it runs on dreams, I cannot afford it

  2025cites this paper
• Inflation and Perception: Drivers of Hungarian Households’ Expectations

  2025cites this paper
• Ambiguity Overprecision and Optimal Capital Requirements in Continuous Time

  2025cites this paper
• Macroeconomic factors of housing prices in Russia

  2025cites this paper
• Investigating how inflation expectations affect precautionary wealth

  2025cites this paper
• Britaly? Identifying Euro Area Historical Analogues to the UK’S 2022 Bond Market Shock

  2025cites this paper
• Infláció és percepció: A magyar lakosság várakozásainak mozgatórugói

  2025cites this paper
• Political Social Learning: Short-Term Memory and Cycles of Polarization

  2025cites this paper
• The role of financial literacy in shaping inflation beliefs: The case of Ukraine

  2025cites this paper
• Downside belief disagreements and financial instability: Evidence from risk factor disclosures in U.S. financial institutions’ 10-K filings

  2025cites this paper
• Individual Experience and Home Price Expectations

  2025cites this paper
• Living to tell the tale: Europeans’ subjective well-being over autocratic and democratic times

  2025cites this paper
• The short-run impact of investor expectations’ past volatility on current predictions: The case of VIX

  2025cites this paper
• State-Dependent Sticky Expectations: Evidence and Theory

  2025cites this paper
• Did the 2022 inflation cost the Democratic Party the 2024 US presidential election?

  2025cites this paper
• Social media advertising and macroeconomic expectations: Evidence from Meta

  2025cites this paper
• Memory, Retrieved Context, and Bias in Management Earnings Forecasts

  2025cites this paper
• The Inherent Nonlinearity in Learning: Implications for Understanding Stock Returns

  2025cites this paper
• Estimating Behavioral Inattention

  2025cites this paper
• Dollarization Hysteresis, Inflation Jumps, and Fear of Inflation

  2025cites this paper
• Consumer Inflation Expectations and Local Price Changes: Learning from Experience

  2025cites this paper
• Investor Beliefs and Expectation Formation

  2025cites this paper
• Consumers’ gasoline price expectations: Who reacts to what?

  2025cites this paper
• Racial Differences in Expected Stock Market Performance and Stock Ownership

  2025cites this paper
• Consumer stock market expectations and portfolio choice

  2025cites this paper
• Energy Prices and Inflation Expectations: Evidence from Households and Firms

  2025cites this paper
• The Long‐Lasting Effects of Experiencing Communism on Attitudes toward Financial Markets

  2025cites this paper
• Retreating from Risks: Household Stock Market Participation in a Protectionist Era

  2025cites this paper
• At the Top of the Mind: Peak Prices and the Disposition Effect

  2025cites this paper
• Personalizing probabilistic survey scales

  2025cites this paper
• Inconsistent survey histograms and point forecasts revisited

  2025cites this paper
• Older population, inflation expectations, and COVID-19: evidence from India’s household expectation survey

  2025cites this paper
• Household Income Expectations: The Role of Unexpected Income Changes and Aggregate Conditions

  2025cites this paper
• Moral preferences over health-wealth trade-offs

  2025cites this paper
• State Expropriation Risk and Ownership Structure: Evidence From Cash Holdings Around the World

  2025cites this paper
• Digital payments and inflation expectations: evidence from survey data

  2025cites this paper
• The impact of financial stress on house price expectations: evidence from survey data

  2025cites this paper
• Racial violence, political representation, and the threat to banks as open access institutions

  2025cites this paper
• Inflation Attitudes of Large Language Models

  2025cites this paper
• Inflationary Household Uncertainty Shocks

  2025cites this paper
• Do Inflation Expectations Become More Anchored During a Disinflation Episode? Evidence for Euro Area Firms

  2025cites this paper
• Beliefs and Portfolios: Causal Evidence

  2025influential citation
• Do bank CEOs learn from banking crises?

  2025cites this paper
• The Memory Premium

  2025cites this paper
• Economic policy uncertainty and inflation expectations of the households – insights from survey data

  2025cites this paper
• Forging Monetary Hawks: Early‐Life Inflation Experiences and Government Debt in Africa

  2025cites this paper
• Climate Boards: Do Natural Disaster Experiences Make Directors More Prosocial?

  2025cites this paper
• Borrower expectations and mortgage performance: Evidence from the COVID-19 pandemic

  2025cites this paper
• Households' Preferences Over Inflation and Monetary Policy Tradeoffs

  2025cites this paper
• Unsichere Zeiten: Unsicherheit und ihre ökonomischen Auswirkungen

  2025cites this paper
• The dynamics of cohort effect in politics

  2025cites this paper
• Framing Effects in Consumer Expectations Surveys

  2025cites this paper
• How Can Inflation Contracts Discipline Central Bankers When Agents Are Learning?

  2025cites this paper
• Googling ‘inflation’: Household inflation attention across the euro area

  2025cites this paper
• A tale of inattentiveness and the loss function: A model for household-level macroeconomic expectations

  2025cites this paper
• The power of spirit: CEOs' university mottos and corporate innovation

  2025cites this paper
• Precipitation and house price expectations – evidence from survey data

  2025cites this paper
• Thirty Years of Change: The Evolution of Classified Boards

  2025cites this paper
• Cross-Extrapolative Beliefs: Evidence from Equity Analysts

  2025cites this paper
• Financial distress experiences and participation in the U.S. stock market

  2025cites this paper
• Expectations-based reference-dependence and labor supply: Eliciting cabdrivers’ expectations in the field

  2025cites this paper
• Inflation concern, attention and central bank trust

  2025cites this paper
• Nonresponse Bias in Household Inflation Expectations Surveys

  2025cites this paper
• Inflated concerns: Exposure to past inflationary episodes and preferences for price stability

  2025cites this paper
• CEO past distress experience and risk‐taking: Evidence from US property–liability insurance firms

  2024cites this paper
• Long Term Effects of Political Violence on Attitudes: Evidence From the Second Intifada

  2024cites this paper
• Analysts’ extrapolative expectations in the cross-section

  2024cites this paper
• Extrapolative Uncertainty and Household Economic Behavior

  2024cites this paper
• Inflation, Monetary Policy, and Portfolio Decisions of U.S. Households

  2024cites this paper
• The influence of supermarket prices on consumer inflation expectations

  2024cites this paper
• A systematic literature review of the implications of media on inflation expectations

  2024cites this paper
• Heterogeneous Priors and Information Choices: Evidence from Sell-Side Financial Analysts

  2024cites this paper
• Investor Memory and Biased Beliefs: Evidence from the Field

  2024cites this paper
• Labor Market Polarization and Student Debt

  2024cites this paper
• Gasoline price changes and consumer inflation expectations: Experimental evidence

  2024cites this paper
• Believed Gender Differences in Social Preferences

  2024cites this paper
• The Return of Inflation

  2024cites this paper
• Informational differences, adaptive learning, and inflation forecast bias

  2024cites this paper
• Political shocks and inflation expectations: Evidence from the 2022 Russian invasion of Ukraine

  2024cites this paper
• Expectations-based Reference-Dependence and Labor Supply: Eliciting Cabdrivers’ Expectations in the Field

  2024cites this paper
• News‐Driven Household Macroeconomic Expectations: Regional vs. National Telecast Information

  2024cites this paper