unanticipated inflation

unanticipated inflation

the future INFLATION rate in a country that is not generally expected by business people, trade union officials and consumers, and thus takes them by surprise. Unanticipated inflation is not incorporated in the current prices set for products, wage rates agreed for workers and asset values, unlike ANTICIPATED INFLATION, and thus is more painful in its effects. See RISK AND UNCERTAINTY.
Mentioned in ?
References in periodicals archive ?
The costs of inflation are associated with both anticipated and unanticipated inflation.
A critique of proposals to raise the Fed's inflation target
Traditionally, the biggest risk for an investor choosing to lend to governments or companies over a longer time frame, rather than opting for a series of short term securities, is the threat of unanticipated inflation.
Barclays recommends Developed Markets Equities
Results show that relative price variability is determined mainly by supply factors as reflected by unanticipated inflation.
HOW RELATIVE PRICE VARIABILITY IS RELATED TO UNANTICIPATED INFLATION AND REAL INCOME
Unanticipated inflation occurs when people, businesses and governments make errors in their inflation forecasts.
TRANSMISSION MECHANISM OF MONETARY POLICY
He said the commodity futures offer insurance against the periods of unanticipated inflation besides it would keep the participants aware of happenings in the commodities world as it now increasingly affects all other areas of economic activity.
NCEL all set to launch four new products
Second, regarding unanticipated inflation, we find that a negative long-run effect coexists with a positive short-run effect on real stock returns.
Inflation and real stock returns revisited
Unanticipated inflation has both redistributive consequences and negative effects on growth.
The costs of inflation - what have we learned?
Contents Introduction Inflation Defined Causes of Inflation The Economic Costs of Inflation Inflation Costs in a Fully Indexed Economy Inflation Costs in a Partially Indexed Economy Inflation Anticipated Inflation Unanticipated Inflation and Uncertainty Economic Costs of Inflation: Summary The Measurement of Inflation Changes in the Prices of Goods and Services Some Component Parts of the CPI The Underlying or Core Rate of Inflation Conclusion
Inflation: causes, costs, and current status
Unanticipated inflation merely redistributes output.
William Vickrey's vision
The work of Cukierman [1979] and Hercowitz [1981] has demonstrated that the unanticipated inflation rate is the most statistically significant explanatory variable for RPV.
The relationship between macroeconomic variables and relative price variability in Greek agriculture
And how did City Hall explain the unanticipated inflation of this particular twice-told tale?
FIND MORE EIDC CHECKS LATELY, JIM?
This literature indicates that, in general, the extent to which wages are indexed to unanticipated inflation rises as aggregate demand variability increases relative to aggregate supply variability.
Asymmetric wage indexation

Financial browser ?
Full browser ?