Understanding how consumer inflation expectations relate to perceived and individual inflation

The gap

Evidence profile

Sourced from the future-work section and stated research gap of the source papers, classified as general, drawn from work published between 1976 and 2026, spanning 4 journals. Those papers have been cited 18 times in total.

Supporting evidence — 4 representative gaps

• Monetary Dynamics and Inflation in an Emerging Economy: Evidence from a Vecm Approach Incorporating Consumer Expectations (2026) · Jurnal Impresi Indonesia · doi

  Future research should examine the dynamics of inflation in other emerging economies, using a similar approach. Future research should investigate the role of other variables, such as fiscal policy and external shocks, in shaping inflation dynamics. Future research should explore the implications of the study's findings for the design of monetary policy in emerging economies.

  generalfuture-work sectionevidence 5/5
  Keywords: future research examine dynamics inflation other emerging economies
• EXPECTATIONS and THE PHILLIPS TRADE OFF: A COMMENTARY* (1976) · Scottish Journal of Political Economy · cited 16× · doi

  The paper suggests that future research should explore the role of expectations in shaping inflationary outcomes. The paper implies that future research should consider the limitations of rational expectations in dealing with inflationary expectations. The paper notes that future research should aim to provide a more complete understanding of the relationship between aggregate demand and inflation.

  generalfuture-work sectionevidence 5/5
  Keywords: paper suggests future research explore role expectations shaping
• The Speed of Firm Response to Inflation (2025) · Journal of the European Economic Association · cited 2× · doi

  The paper identifies a gap in the literature by noting that there is no prior study that uses high-frequency data for firms. The study highlights the need to understand how firms respond to aggregate inflation dynamics. The paper claims that prior studies have focused on the response of financial markets to inflation surprises, but not on the response of firms.

  generalstated research gapevidence 5/5
  Keywords: paper identifies gap literature noting there prior study
• Consumer inflation expectations before and after the 2022 inflation surge: the role of perceived and individual inflation (2026) · Empirica · doi

  The paper identifies a gap in understanding how consumer inflation expectations relate to perceived and individual inflation, particularly in the context of the 2022 inflation surge. The study highlights the need for a more nuanced understanding of how the formation of inflation expectations differs between low- and high-inflation environments.

  generalstated research gapevidence 5/5
  Keywords: paper identifies gap understanding consumer inflation expectations relate

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