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Anchoring of inflation expectations in the euro area : recent evidence based on survey data
(15.11.2016)
European Journal of Political Economy January
European Journal of Political Economy January
This article analyses the anchoring of inflation expectations of professional forecasters and consumers in the euro area. We study anchoring, defined as the central bank's ability to manage expectations, by paying special ...
On the formation of inflation expectations in turbulent times: The case of the euro area
(22.01.2018)
Economic Modelling June
Economic Modelling June
Studying formation of inflation expectations in the euro area we propose a novel method, integrating rational, adaptive and sticky-information models. We find that in recent turbulent times, formation of inflation expectations ...