NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Monetary Policy Communications and their Effects on Household Inflation Expectations

Olivier Coibion, Yuriy Gorodnichenko, Michael Weber

NBER Working Paper No. 25482
Issued in January 2019

---- Acknowledgments ----

We thank the Fama-Miller Center and the Initiative on Global Markets, both at the University of Chicago Booth School of Business for financial support for conducting the surveys. Coibion and Gorodnichenko also thank the NSF for financial support. We are grateful to seminar and conference participants at many institutions. We thank Jonas Dalmazzo and Mathieu Pedemonte for excellent research assistance. We also thank Shannon Hazlett and Victoria Stevens at Nielsen for their assistance with the collection of the PanelViews Survey. Results in this article are calculated based on data from The Nielsen Company (US), LLC and marketing databases provided by the Kilts Center for Marketing Data Center at The University of Chicago Booth School of Business. Information on availability and access to the data is available at http://research.chicagobooth.edu/nielsen. The randomized control trial is registered at the AER RCT Registry (#AEARCTR-0003649). 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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