Expectations for Gasoline Prices and Inflation: Evidence from Households
研究美国居民对汽油价格的预期如何影响他们对整体通胀的预期，发现人们并未过度反应。
Abstract Gasoline prices are highly salient to consumers and, for this reason, they may have an outsized influence on their thinking about inflation. We examine how people's expectations about gasoline prices influence their expectations for overall inflation. We find little evidence from two U.S. household surveys that people overreact to their beliefs about expected gasoline prices when formulating their expectations about overall inflation.