Inflation Expectations, Learning, and Supermarket Prices: Evidence from Survey Experiments

Information frictions play a central role in the formation of household inflation expectations, but there is no consensus about their origins. We address this question with novel evidence from survey experiments. We document two main findings. First, individuals in low inflation contexts have signif...

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Bibliographic Details
Main Authors: Cavallo, Alberto F. (Author), Cruces, Guillermo (Author), Perez-Truglia, Ricardo (Author)
Other Authors: Sloan School of Management (Contributor)
Format: Article
Language:English
Published: American Economic Association, 2020-05-28T13:59:08Z.
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