Doepke, Joerg; Dovern, Jonas; Fritsche, Ulrich; … - In: Topics in Macroeconomics 8 (2008) 1, pp. 1540-1540
We investigate the relevance of Carroll's sticky information model of inflation expectations for four major European … the sticky information environment update their expectations occasionally rather than instantaneously due to the costs of … adequately captures the dynamics of household inflation expectations. We estimate two alternative parametrizations of the sticky …