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Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence

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NBER2012-03-01 更新2025-01-04 收录
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There have recently been suggestions for monetary policy to engineer higher inflation expectations so as to stimulate current spending. But what is the empirical relationship between inflation expectations and spending? We use the underlying micro data from the Michigan Survey of Consumers to test

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2012-03-01
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