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Real expectations: replacing rational expectations with survey expectations in dynamic macro models. (2012). Fuhrer, Jeffrey.
In: Working Papers.
RePEc:fip:fedbwp:12-19.

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Cited: 8

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Cites: 28

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Cocites: 50

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Citations received by this document

  1. News versus Surprise in Structural Forecasting Models: Central Bankers Practical Perspective. (2021). Vlcek, Jan ; Stanislav Tvrz, ; Musil, Karel.
    In: Research and Policy Notes.
    RePEc:cnb:rpnrpn:2021/02.

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  2. Exchange Rate Dynamics and Forecast Errors about Persistently Trending Fundamentals. (2015). Stillwagon, Josh.
    In: Working Papers.
    RePEc:tri:wpaper:1501.

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  3. Explaining the Boom-Bust Cycle in the U.S. Housing Market: A Reverse-Engineering Approach. (2015). Natvik, Gisle ; Lansing, Kevin ; Gelain, Paolo.
    In: Working Paper Series.
    RePEc:fip:fedfwp:2015-02.

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  4. Whose expectations augment the Phillips curve?. (2015). Binder, Carola.
    In: Economics Letters.
    RePEc:eee:ecolet:v:136:y:2015:i:c:p:35-38.

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  5. Currency Risk and Imperfect Knowledge: Volatility and Long Swings around Benchmark Values. (2013). Stillwagon, Josh.
    In: Working Papers.
    RePEc:tri:wpaper:1315.

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  6. House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy. (2013). Mendicino, Caterina ; Lansing, Kevin ; Gelain, Paolo ; KevinJ. Lansing, .
    In: International Journal of Central Banking.
    RePEc:ijc:ijcjou:y:2013:q:2:a:11.

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  7. What determines households inflation expectations? Theory and evidence from a household survey. (2013). Malgarini, Marco ; Golinelli, Roberto ; Easaw, Joshy.
    In: European Economic Review.
    RePEc:eee:eecrev:v:61:y:2013:i:c:p:1-13.

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  8. Do Households Anchor their Inflation Expectations? Theory and Evidence from a Household Survey. (2012). Malgarini, Marco ; Golinelli, Roberto ; Easaw, J..
    In: Working Papers.
    RePEc:bol:bodewp:wp842.

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References

References cited by this document

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  9. Den Haan, Wouter J. and Albert Marcet 1990. “Solving the stochastic growth model by parameterizing expectations.” Journal of Business and Economic Statistics 8, 31—34.

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  20. Fuster, Andreas, Benjamin Hebert, and David Laibson. 2012. “Natural Expectations, Macroeconomic Dynamics, and Asset Pricing.” In NBER Macroeconomics Annual 26, ed. Daron Acemoglu and Michael Woodford, 1–48. Chicago: University of Chicago Press.

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  23. Mehra, Yash P. 2002. “Survey Measures of Expected Inflation: Revisiting the Issues of Predictive Content and Rationality.” Federal Reserve Bank of Richmond Economic Quarterly 88(3):17–36.
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  24. Nunes, Ricardo. 2010. “Inflation Dynamics: The Role of Expectations.” Journal of Money, Credit and Banking 42(6): 1161–1172.

  25. Orphanides, Athanios, and John C. Williams. 2005. “Imperfect Knowledge, Inflation Expectations, and Monetary Policy.” In The Inflation-Targeting Debate, ed. Ben S. Bernanke and Michael Woodford, 201–245. Chicago: University of Chicago Press.
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  26. Piazzesi, Monika, and Martin Schneider. 2009. “Momentum Traders in the Housing Market: Survey Evidence and a Search Model.” American Economic Review Papers & Proceedings 99(2): 406-411.

  27. Rudd, Jeremy, and Karl Whelan. 2007. “Modeling Inflation Dynamics: A Critical Review of Recent Research.” Journal of Money, Credit and Banking 39(Supplement s1): 155–170.

  28. Smets, Frank, and Raf Wouters. 2003. “An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area.” Journal of the European Economic Association 1(5):1123–1175.

Cocites

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  2. Expectations as a source of macroeconomic persistence: Evidence from survey expectations in a dynamic macro model. (2017). Fuhrer, Jeff .
    In: Journal of Monetary Economics.
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  3. Output gaps and the New Keynesian Phillips curve: An application of the Empirical Mode Decomposition. (2017). Lai, Ya-Wen.
    In: Economics Bulletin.
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  4. Policy and Macro Signals as Inputs to Inflation Expectation Formation. (2016). Hubert, Paul ; Maule, Becky .
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  5. Inflation expectations and low inflation in New Zealand. (2016). McDermott, Christopher ; Karagedikli, Ozer.
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  6. Do Inflation Expectations Granger Cause Inflation?. (2016). Österholm, Pär ; Par, Osterholm .
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  7. Do Inflation Expectations Granger Cause Inflation?. (2016). Österholm, Pär ; Stockhammar, Par ; Osterholm, Par.
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  8. Policy and Macro Signals as Inputs to Inflation Expectation Formation. (2016). Hubert, Paul ; Maule, Becky .
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  9. Inflation forecasts and forecaster herding: Evidence from South African survey data. (2016). Reid, Monique ; Pierdzioch, Christian ; GUPTA, RANGAN.
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  10. The new Keynesian Phillips curve: An update on recent empirical advances. (2016). Sgro, Pasquale ; Bhattacharya, Prasad ; Abbas, Syed.
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  11. Fundamental disagreement. (2016). Moench, Emanuel ; Crump, Richard ; Andrade, Philippe ; Eusepi, Stefano.
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  12. Forecasting inflation using survey expectations and target inflation: Evidence for Brazil and Turkey. (2016). Çakmaklı, Cem ; Altug, Sumru ; Akmakli, Cem .
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  14. How useful are measured expectations in estimation and simulation of a conventional small New Keynesian macro model?. (2016). Paloviita, Maritta ; Viren, Matti ; Kortelainen, Mika.
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  15. Policy and macro signals as inputs to inflation expectation formation. (2016). Hubert, Paul ; Maule, Becky .
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  16. Direct Evidence on Sticky Information from the Revision Behavior of Professional Forecasters. (2015). Pearce, Douglas ; Mitchell, Karlyn.
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  17. Dispersion of Inflation Expectations: Stylized Facts, Puzzles, and Macroeconomic Implications. (2015). Kim, Youngse ; Jang, Byeongdeuk .
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  18. Expectations as a source of macroeconomic persistence: an exploration of firms and households expectation formation. (2015). Fuhrer, Jeffrey.
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  19. Macroeconomic regimes. (2015). Moreno, Antonio ; Inghelbrecht, Koen ; Cho, Seonghoon ; Bekaert, Geert ; Baele, Lieven .
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  43. Real expectations: replacing rational expectations with survey expectations in dynamic macro models. (2012). Fuhrer, Jeffrey.
    In: Working Papers.
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    Full description at Econpapers || Download paper

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