Research Discussion Paper – RDP 9701 Inflation Regimes and Inflation Expectations


Acting Director of the Office of Industrial Nations and Global Analyses, Department of the Treasury. This paper was written while I was employed by the Board of Governors of the Federal Reserve System and while I visited the Reserve Bank of Australia. I thank those institutions for their support. I also thank David Bowman, Gordon de Brouwer, Jeff Dominitz, Jon Faust, David Gruen, Dale Henderson, Andrew Levin, and Jenny Wilkinson for their helpful comments. This paper represents the views of the author and should not be interpreted as reflecting those of the Department of the Treasury, the Board of Governors of the Federal Reserve System, the Reserve Bank of Australia, or other members of their staffs.