Imperfect Information and Consumer Inflation Expectations: Evidence from Microdata
研究了哪些因素会促使消费者调整通胀预期，以及调整对预测误差的影响，发现通胀波动和新闻会触发预期调整，且调整后的预期更准确。
Abstract This paper explores which factors trigger an adjustment in consumers’ inflation expectations and looks at the implications regarding forecast errors. We find support for imperfect information models, as inflation volatility and news trigger an adjustment in expectations. Furthermore, we document that individual expectations become more accurate if they have been adjusted.