Survey Measures of Inflation Expectation

Survey Measures of Inflation Expectation Nur M. Adhi Purwato Primary Author mixed material bibliography Bag. Serial Buletin Ekonomi Moneter dan Perbankan ind Indonesia Sumber artikel:Jurnal. Halaman: 421-456 The research objective was to analyze various survey measures of inflation expectation in Indonesia.We found that the heterogeneity of inflation expectation among economic agents and professional forecasters for short forecast horizon is very low. Survey measures of inflation expectation appear to be forward looking but only for relatively short horizon. Although the magnitude and the length vary accross measures of inflation expectation we find that shock to inflation expectation significantly affect the dynamics of the actual inflation rate. Based on the accuracy the effect on actual inflation and directional information that they have in predicting current and future inflation inflation expectation from Consensus forecast outperformed the others. 1. INDONESIA - EKONOMI, KEADAAN 2. INFLASI - KEUANGAN 330.5 BUL 3-4 UPT Perpustakaan UM Koleksi Bahan Pustaka Perpustakaan UM 2 -55495 2015-09-16 00:00:00 2015-09-16 00:00:00 machine generated