This paper studies the causal effect of inflation literacy on inflation expectations and trust in the central bank …

This paper examines the impact of carbon pricing on firms' inflation expectations and its implications for central … French firm-level survey data. A change in carbon price increases firms' inflation expectations as well as their own expected … negative forecast errors in the medium-/long-run. We show that a significant portion of the increase in inflation expectations …

The paper adds money supply and inflation expectations shocks to a well-known three-variable structural model that … supply and to inflation expectations significantly increase real oil prices; with the unadjusted M1 aggregate there is no … role played by inflation expectations and the money supply shocks during major oil shock episodes. These shocks partially …

/tightness and inflation expectations, contributing to the debate on the relevance of the Phillips curve in South Africa, where … previous findings have been inconclusive. Our analysis reveals that long-run inflation expectations are the primary driver of …