Kevin Lansing

[Kevin Lansing @kjlslm]

New Working Paper #2
https://t.co/5F0CxGQV9l

[Kevin Lansing @kjlslm]

New Working Paper:
https://t.co/Lyx7cyGgHi

[Kevin Lansing @kjlslm]

AEA Session: "What Drives Inflation?"
January 4, 2026. Philadelphia PA
https://t.co/YYLCCHAPSd,

[Kevin Lansing @kjlslm]

New Article: "Anchored inflation expectations and the slope of the Phillips curve" European Economic Review vol 178, September 2025, 105073

https://t.co/FuBOCw39IZ

[Federal Reserve Bank of San Francisco @sffed]

Is demand or supply more important for inflation? A new Economic Letter finds that supply forces drove low inflation after the Great Recession, while demand drove high inflation during the pandemic era. https://t.co/a0ucwjYIye

[Kevin Lansing @kjlslm]

FRBSF Working Paper 2025-08
Demand versus Supply: Which is More Important for Inflation?
https://t.co/s7OkV1oDPF

[Kevin Lansing @kjlslm]

Updated link:
https://t.co/kU0ICeCsXG

[Kevin Lansing @kjlslm]

New article: A simple measure of anchoring for short-run expected inflation in FIRE models
Peter Lihn Jørgensen, Kevin J. Lansing
Economics Letters 246 (2025) 112050
Free download until January 14, 2025
https://t.co/XUWT5Q4vZH

[Federal Reserve Bank of San Francisco @sffed]

At the same time, the steep part of the Philips curve implies that a relatively small increase in the unemployment-to-vacancy ratio, achieved mainly by a reduction in the vacancy rate, can bring about a substantial decline in inflation.

[Federal Reserve Bank of San Francisco @sffed]

FOMC participants' inflation forecasts were consistently lowered before the pandemic, when inflation was mostly below 2%. Forecasts rose from 2021 onward, when inflation surged. Our Letter looks at the performance of these forecasts over time. https://t.co/FEl9Mw7X6q

[Kevin Lansing @kjlslm]

Cumulative SEP inflation forecast revisions help predict the size of subsequent forecast errors. This result implies that the typical inflation forecast was slow to adjust to new information that could have improved forecast accuracy.
https://t.co/m8fwb00Q0s

[Federal Reserve Bank of San Francisco @sffed]

We’ve updated our prior research on inflation and labor market slack. New data reaffirm that a relatively modest increase in the amount of labor market slack can coincide with a sizable decline in inflation, supporting the potential for a soft landing. https://t.co/pTRRD8R5x1

[Kevin Lansing @kjlslm]

Update #2: Inflation Decline Continues to Support a Soft Landing Along the Nonlinear Phillips Curve

https://t.co/ef6q6FUZsQ

[Kevin Lansing @kjlslm]

Updated link
https://t.co/AwjBAQ2JNG

[Kevin Lansing @kjlslm]

"Replicating business cycles and asset returns with sentiment and low risk aversion," Journal of Economic Dynamics and Control, Volume 167, October 2024, 104921
https://t.co/AuBQUoUCc0

[Kevin Lansing @kjlslm]

Staying on Course: Reducing Inflation along a Nonlinear Phillips Curve https://t.co/iRtXJtqECq

[Federal Reserve Bank of San Francisco @sffed]

Unlike the 1970s and early 1980s, more recent #inflation tends to coincide with stronger economic activity and higher #stock prices. Our latest Letter traces this pattern to improved anchoring of inflation expectations: https://t.co/LL7X3o7lMf | #SFFedResearch #EconTwitter