Rudd Inflation Expectations Article — Brian Romanchuk

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 Economics
Rudd Inflation Expectations Article
Brian Romanchuk