Working Paper

"Limited Attention" and Inflation Expectations of Households


Abstract: In this note, we use the household-level data in the University of Michigan's Surveys of Consumers, including respondents' own changes in expectations, to document new signs that households pay limited attention to inflation developments.

https://doi.org/10.17016/2380-7172.1830

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Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2016-10-19

Number: 2016-10-19