Geoffrey R. Dunbar - Latest

• Preferences, Monetary Policy and Household Inflation

  Staff Working Paper 2024-45 Geoffrey R. Dunbar

  I quantify the importance of changes in household preferences on household inflation rates using 11 years of scanner data for 11,000 US households. My results suggest that changes in household preferences are an important driver of inflation dynamics at the household level.

  Content Type(s): Staff research, Staff working papers Topic(s): Inflation and prices, Monetary policy transmission JEL Code(s): D, D1, D12, E, E5, E52, E58