Ivan Yotzov

Jul 19, 2024 | bankofengland.co.uk | Ivan Yotzov |Nicholas Bloom |Philip Bunn |Paul Mizen

Staff Working Paper No. 1,085By Ivan Yotzov, Nicholas Bloom, Philip Bunn, Paul Mizen and Gregory ThwaitesThis paper analyses the response of firms to monthly CPI inflation releases using high-frequency data from a large economy-wide business survey. CPI inflation perceptions respond very quickly, in a matter of hours after the release. We also find that firms’ expected own-price growth has a strong positive correlation with changes in CPI inflation, particularly for increases in inflation.

Jul 18, 2024 | nber.org | Ivan Yotzov |Nicholas Bloom |Philip Bunn |Paul Mizen

Skip to main content The authors would like to thank the Economic and Social Research Council for funding under grant ES/X013707/1. Any views expressed are solely those of the authors and so cannot be taken to represent those of the Bank of England or to state Bank of England policy. This paper should therefore not be reported as representing the views of the Bank of England or members of the Monetary Policy Committee, Financial Policy Committee, or Prudential Regulation Committee.

Jun 1, 2023 | nber.org | Ivan Yotzov |Lena Anayi |Nicholas Bloom |Philip Bunn

The authors would like to thank the Economic and Social Research Council, Nottingham and Stanford universities for financial support. A shorter version of this paper appeared in the May 2023 issue of the AEA Papers and Proceedings. The current version of the paper includes data from the Decision Maker Panel up to April 2023, whereas the AEA P&P paper includes data up to December 2022.