Briefing
Inflation expectations: their sources and effects
Mehra, Yash P.; Reilly, Devin (2008-10)
Shocks to the macroeconomy can affect the public's expectations about inflation. But if the Federal Reserve monitors those expectations carefully and vigilantly pursues price stability, it can establish credibility and keep inflation in check.
Richmond Fed Economic Brief , Issue Oct

Journal Article
Survey measures of expected inflation : revisiting the issues of predictive content and rationality
Mehra, Yash P. (2002-07)
Economic Quarterly , Issue Sum , Pages 17-36

Journal Article
A forward-looking monetary policy reaction function
Mehra, Yash P. (1999-04)
Economic Quarterly , Issue Spr , Pages 33-54

Journal Article
Predicting the recent behavior of inflation using output gap-based Phillips curves
Mehra, Yash P. (2004-07)
Economic Quarterly , Volume 90 , Issue Sum , Pages 65-88

Journal Article
An error-correction model of the long-term bond rate
Mehra, Yash P. (1994-10)
Economic Quarterly , Issue Fall , Pages 49-68

Journal Article
On the sources of movements in inflation expectations : a few insights from a VAR model
Mehra, Yash P.; Herrington, Christopher (2008-04)
Using a VAR model that includes a survey measure of expected inflation, this article investigates the responses of expected inflation to temporary shocks to macroeconomic variables during three sample periods, 1953:1--1979:1, 1979:2--2001:1, and 1985:1--2007:1. Shocks to actual inflation, commodity prices, and expected inflation itself have been three major sources of movement in expected inflation, together explaining over 80 percent of the variability in expected inflation. Positive shocks to actual inflation, commodity prices, and expected inflation itself lead to increases in expected ...
Economic Quarterly , Volume 94 , Issue Spr , Pages 121-146

Journal Article
Some key empirical determinants of short-term nominal interest rates
Mehra, Yash P. (1995-07)
Economic Quarterly , Issue Sum , Pages 33-51

Journal Article
A review of the recent behavior of M2 demand
Mehra, Yash P. (1997-07)
Economic Quarterly , Issue Sum , Pages 27-44

Journal Article
Unit labor costs and the price level
Mehra, Yash P. (1993-10)
Economic Quarterly , Issue Fall , Pages 35-52

Journal Article
The bond rate and actual future inflation
Mehra, Yash P. (1998-04)
Economic Quarterly , Issue Spr , Pages 27-47