消费者通胀预期:每日动态

IF 4.3 2区 经济学 Q1 BUSINESS, FINANCE Journal of Monetary Economics Pub Date : 2024-07-01 DOI:10.1016/j.jmoneco.2024.103613
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引用次数: 0

摘要

我们使用高频识别方法,利用纽约联邦储备银行的消费者预期调查数据,研究消费者通胀预期对许多不同类型事件的反应。我们识别了预期对大量冲击的反应,包括 FOMC 会议和宏观经济数据发布。我们发现,宏观经济新闻和召开新闻发布会或降息的 FOMC 会议会共同影响预期。
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Consumer inflation expectations: Daily dynamics

We use high frequency identification methods to study the response of consumer inflation expectations to many different types of events using data from the Federal Reserve Bank of New York’s Survey of Consumer Expectations. We identify the response of expectations to a large set of shocks, including FOMC meetings and macroeconomic data releases. We find that macroeconomic news and FOMC meetings with a press conference or rate cuts jointly move expectations.

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来源期刊
CiteScore
7.20
自引率
4.90%
发文量
90
审稿时长
74 days
期刊介绍: The profession has witnessed over the past twenty years a remarkable expansion of research activities bearing on problems in the broader field of monetary economics. The strong interest in monetary analysis has been increasingly matched in recent years by the growing attention to the working and structure of financial institutions. The role of various institutional arrangements, the consequences of specific changes in banking structure and the welfare aspects of structural policies have attracted an increasing interest in the profession. There has also been a growing attention to the operation of credit markets and to various aspects in the behavior of rates of return on assets. The Journal of Monetary Economics provides a specialized forum for the publication of this research.
期刊最新文献
Editorial Board Editorial Board A theory of the dynamics of factor shares Learning about labor markets Contagion in debt and collateral markets
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