Whose expectations augment the Phillips curve?
This letter uses consumer survey data to estimate expectations-augmented Phillips curves with inflation expectations disaggregated by socioeconomic and demographic groups. The inflation expectations of high-income, college-educated, male, and working-age people play a larger role in inflation dynamics than do the expectations of other groups of consumers or of professional forecasters.
Binder, Carola. "Whose Expectations Augment the Phillips Curve?" Economics Letters, 136:35-38.