NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Inflation Expectations as a Policy Tool?

Olivier Coibion, Yuriy Gorodnichenko, Saten Kumar, Mathieu Pedemonte

NBER Working Paper No. 24788
Issued in June 2018

---- Acknowledgments ----

We are grateful to Jane Ryngaert, Ha Thu Bui and Jacob Weber for research assistance on this project. We thank Kate McCarthy at Deloitte for providing us with survey data from the Deloitte European CFO Survey. We thank Geoff Kenny for sharing time series of eurozone consumers’ inflation expectations and Philippe Andrade for sharing inflation swap data. We thank Ricardo Reis and participants of the 2018 Sintra conference for feedback. This research was funded in part by the National Science Foundation. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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