Linking the monthly Danish Consumer Expectations Survey to the Danish administrative registry, this paper shows that households' inflation forecasts move strongly and negatively with their own recent …
PublishedEconometricaOnline 1 Jan 2024Published Sep 2024
The paper asks whether a government can run a deficit today — issuing "stimulus checks" — and allow debt to return to its initial level without any future tax hike or spending cut. In environments …