Inflation Expectations: Determinants and Consequences.

• Position: Conferences

An NBER conference on Inflation Expectations: Determinants and Consequences took place May 19 online. Francesco D'Acunto of Boston College, Faculty Research Fellow Michael Weber of the University of Chicago, and Research Associate Jing Cynthia Wu of the University of Notre Dame organized the meeting. A keynote address was delivered by former Federal Reserve Chair Ben Bernanke, now at the Brookings Institution. These researchers' papers were presented and discussed:

* Angelo Gutierrez-Daza, Universitat Pompeu Fabra, "Business Cycles When Consumers Learn by Shopping"

* Elias Albagli and Emiliano E. Luttini, Central Bank of Chile, and Francesco Grigoli, International Monetary Fund, "Inflation Expectations and the Supply Chain"

* Jeremy Rudd, Federal Reserve Board, "Why Do We Think That Inflation Expectations Matter for Inflation? (And Should We?)"

* Laura V. Gati, European Central Bank, "Monetary Policy and Anchored Expectations - An Endogenous Gain Learning Model"

* Jonas Fisher and Leonardo Melosi, Federal Reserve Bank of Chicago, and Sebastian Rast, De...