Download or read book Economic Uncertainty and Subjective Inflation Expectations written by Tobias Rossmann and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Measuring economic uncertainty is crucial for understanding investment decisions by individuals and firms. Macroeconomists increasingly rely on survey data on subjective expectations. An innovative approach to measure aggregate uncertainty exploits the rounding patterns in individuals' responses to survey questions on inflation expectations (Binder, 2017). This paper uses the panel dimension of household surveys to study individual-level heterogeneity in this measure of individual uncertainty. The results provide evidence for the existence of considerable heterogeneity in individuals' response behavior and inflation expectations.