(AGENPARL) – mar 19 luglio 2022 A deeper understanding of how consumers think about the economy would help policymakers control inflation []
(ISTOCK/FRANCESCOCH)
Dear Colleague,
Pizzinelli outlines the results of a new survey that measures people’s beliefs about the effects of economic shocks on unemployment and inflation. He describes how people’s predictions for the economy often differ from those of experts, and how households and experts see shocks working in different ways.
Are these results bad news for central bankers? asks Pizzinelli, who says that “a deeper understanding of how consumers think about the economy would help policymakers control inflation.”
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Nick Owen
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