Beechey, Meredith Jane; Johannsen, Benjamin K.; Levin, … - 2008
, Washington, D.C.
Are Long-Run Inflation Expectations Anchored More Firmly in
the Euro Area than in the United States?
Meredith J …-run inflation expectations are more firmly anchored
in the euro area than in the United States. In particular, surprises in …
macroeconomic news only influences euro area inflation compensation at short horizons.
Keywords: Inflation compensation, euro …