Rudd Inflation Expectations Article — Brian Romanchuk

Summary:
Jeremy B. Rudd caught a fair amount of attention with his recent discussion paper “Why Do We Think That Inflation Expectations Matter for Inflation? (And Should We?)” The text has a lot of zingers that post-Keynesians would write, but Rudd is in fact a researcher with the Federal Reserve.The paper is an interesting survey of how “inflation expectations” worked their way into neoclassical economic dogma....Bond EconomicsRudd Inflation Expectations ArticleBrian Romanchuk

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