¿Por qué pensamos que las expectativas de inflación son importantes para la inflación? (¿Y deberíamos pensarlo?)

Why do we think that inflation expectations matter for inflation? (and should we?)

Contenido principal del artículo

Jeremy B. Rudd

Resumen

Los economistas y los diseñadores de política económica creen que las expectativas de los hogares y las empresas acerca de la inflación futura son un factor determinante de la inflación real. Un examen de la literatura teórica y empírica pertinente sugiere que esta creencia se basa en fundamentos poco sólidos y lleva a argumentar que adoptarla en forma acrítica puede conducir fácilmente a graves errores de política económica.

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