New progress in research on inflation expectation management abroad and its reference significance (12JJD790015)

New progress in research on inflation expectation management abroad and its reference significance (12JJD790015)


Leader Jin Cheng-xiao

Members Jin Cheng-xiao,Lu Ying-chao

Origin N/A

Fund 1

Duration 2012.1-2012.6

Introduction

The management of inflation expectations is the focus of current research.This article mainly from the measurement of inflation expectations, inflation targeting, the transparency of monetary policy, the heterogeneity of inflation, higher order expected, coordinate the six aspects of foreign inflation expectations to review and summarize the latest progress in the study of management for reference to our country.Currently, the main inflation expectations measurement method has a direct survey method and indirect estimation method.Degree of transparency of monetary policy is also the key factors influencing the expected, including inflation targeting, inflation targeting as a monetary policy in the name of the anchor would be better to anchor inflationary expectations;The central bank should be how to communicate with the public and communicate what problem.At present the heterogeneity of inflation, and high order forecast problem but often ignored by central Banks, should be enough at

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