Evolution of Inflation Expectations

This was a paper that was published by the Federal Reserve Bank of San Francisco as part of its working paper series. Although it was published in 2011, its conclusions are as relevant today as they were then. Studying the Great Inflation of the 1960s & 1970s seems especially appropriate given that the whole world, including yours truly, is completely convinced that we are in the throes of a deflationary spiral.

Please click here for the paper: Monetary Policy Mistakes And the Evolution of Inflation Expectations

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s