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Lifetime Memories of Inflation: Evidence from Surveys and the Lab

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NBER2024-01-01 更新2025-01-04 收录
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We study how individuals memories of inflation shape their expectations about future inflation using both surveys and laboratory experiments. Recalling having lived through prior disinflations has pronounced effects on how long-lived people expect the current inflation episode to last. Information

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2024-01-01
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