Carola Binder | Inflation Expectations, Measurement and Causes

<em>You&#8217;re reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. You can support our newsletter by signing up here:</em><br/><br/>Welcome to Episode 11 of the Economic Forces Podcast! We interview <a target="_blank" href="https://carolabinder.sites.haverford.edu/">Carola Binder</a>, Associate Professor of Economics at Haverford College. We talk about Carola&#8217;s work on inflation expectations, what drives it, and how we measure it. We also cover consumer sentiment, political pressure on central banks, and NGDP targeting.<br/><br/>Carola&#8217;s Research<br/><br/><a target="_blank" href="https://direct.mit.edu/rest/article-abstract/104/2/293/97647/Stuck-in-the-Seventies-Gas-Prices-and-Consumer?redirectedFrom=fulltext">Stuck in the Seventies: Gas Prices and Consumer Sentiment</a><br/><br/><a target="_blank" href="https://onlinelibrary.wiley.com/doi/abs/10.1111/jmcb.12772#:~:text=About%2010%25%20of%20central%20banks,higher%20inflation%20and%20inflation%20persistence.">Political Pressure on Central Banks</a><br/><br/>Recent Newsletters on Inflation<br/><br/>Josh on <a target="_blank" href="https://pricetheory.substack.com/p/inflation-and-relative-prices">Inflation and Relative Prices</a><br/><br/>Brian on <a target="_blank" href="https://pricetheory.substack.com/p/is-inflation-demand-or-supply-driven">Is Inflation Demand or Supply Driven?</a><br/><br/>Josh on <a target="_blank" href="https://pricetheory.substack.com/p/inflation-and-time">Inflation and Time</a><br/><br/>Brian on <a target="_blank" href="https://pricetheory.substack.com/p/is-concentration-driving-inflation">Is Concentration Driving Inflation?</a><br/><br/>You can listen above or on your favorite podcast app. If you don&#8217;t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss.<br/><br/>Below you&#8217;ll find a teaser clip and the full interview. Enjoy! <br/><br/>Get full access to Economic Forces at <a hr