Results 21 to 30 of about 890,803 (307)
News on Inflation and the Epidemiology of Inflation Expectations [PDF]
SSRN Electronic Journal, 2012 Abstract: This paper examines the nexus between news coverage on inflation and households' inflation expectations. In doing so, we test the epidemiological foundations of the sticky information model (Carroll, 2003, 2006). We use both aggregate and household-level data from the Survey Research Center at the University of Michigan.
Santoro, Emiliano, Pfajfar, Damjan
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The Formation of Inflation Expectations [PDF]
Review, 1980 TE~HE psychology of inflation is often cited as a major barrier in the war against inflation. One currently popular view contends that anti-inflation policies must not only attack the causes of inflation but also lower inflation expectations. In 1971, the Nixon Administration used this argument to justify the imposition of wage and price controls. More
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An Inflation Expectations Horserace [PDF]
SSRN Electronic Journal, 2010 For decades, the academic literature has focused on three survey measures of expected inflation: the Livingston Survey, the Survey of Professional Forecasters, and the Michigan Survey. While these measures have been useful in developing models of forecasting inflation, the data are low frequency measures which appear anachronistic in the modern era ...
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Inflation surprises and inflation expectations in the Euro area [PDF]
Applied Economics, 2015 Since 2013 the inflation rate in the euro area has fallen steadily, reaching all-time lows at the end of 2014. Market-based measures of inflation expectations (such as inflation swaps) have also declined to extremely low levels, which suggests increasing concern about the credibility of the ECB in maintaining price stability.
Marcello Miccoli, Stefano Neri
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The Impact of EMU on Inflation Expectations [PDF]
Open Economies Review, 2004 This paper analyses the impact of the monetary regime change from the Bundesbank to the ECB in 1999 on inflation expectations. In the theoretical part, the Barro-Gordon model is used to derive the potential effect of a new central bank on inflation, inflation expectations and forecast errors.
Heinemann, Friedrich, Ullrich, Katrin
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Do monetary policy credibility and disagreements in inflation and interest rate expectations affect business confidence? Evidence from an inflation targeting developing country [PDF]
Journal of Money and Business, 2023 Purpose – Business confidence is crucial to firm decisions, but it is deeply related to professional forecasters' expectations. Since Brazil is an important inflation targeting country, this paper investigates whether monetary policy credibility and ...
Gabriel Caldas Montes +1 more
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South African Journal of Economic and Management Sciences, 2011 This paper compares international and domestic inflation expectations and inflation credibility, and hypothesises about a possible link or disconnect between inflation expectations and inflation credibility among South Africans.
Jannie Rossouw +2 more
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Effects of fiscal credibility on inflation expectations: evidence from an emerging economy
Public Sector Economics, 2021 This paper analyses the impact of fiscal imbalances on expectations for an emerging economy with inflation targeting. In particular, based on the Colombian experience, we build a fiscal credibility index and evaluate its impact on inflation expectations ...
Juan Camilo Anzoátegui-Zapata +1 more
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Inflation Expectations in Poland [PDF]
SSRN Electronic Journal, 2012 This paper presents survey-based direct measures of inflation expectations of consumers, enterprises and financial sector analysts in Poland. It then goes on to provide the results of testing those features of inflation expectations that seem the most important from the point of view of monetary policy and its transmission mechanism. Characteristics of
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Eurozone or national inflation projections: Which has greater impact on consumer expectations? [PDF]
Panoeconomicus, 2021 We compare the dependence of consumer inflation expectations on European Central Bank (ECB) inflation projections with that on national central bank (NCB) projections in four economies: Austria, Belgium, Finland, and Germany. We aim to assess whether the
Szyszko Magdalena, Tura-Gawron Karolina
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