In this paper, we present a new indicator to measure the media coverage of inflation. Our Inflation Perception … inflation perception over time. These results may prove particularly valuable at the current juncture, where massive uncertainty … approach by isolating inflation narratives circulating in the media. Methodically, the IPI makes use of RollingLDA (Rieger et …

century-Germany. We show that wealthy savers responded to an increase in the expected inflation rate (and falling real … in the savings regime: the originally negative relationship between inflation expectations and savings was reversed into …

) und von 3,5 Prozent für das Jahr 2023 (Winterprognose: 3,3 Prozent). Die Inflation dürfte in diesem Jahr mit 5,8 Prozent … und die Lieferengpässe allmählich nachlassen, wird die Inflation im kommenden Jahr mit 3,4 Prozent wohl noch hoch bleiben … pandemic, so that high inflation does not fully impact private consumption. In addition, industrial firms have an unusually …

inflation expectations up to five years ahead. This correlation is most pronounced among individuals with extremely high … inflation expectations. Evaluating candidate explanations, we find that part of the link between climate concern and inflation … central bank. Overall, our results suggest that climate change perceptions matter for inflation expectations. …

inflation expectations among 145 tenured economics professors in Germany and exploit the 2022 Russian invasion in Ukraine as a … natural experiment to identify the effect of a global political shock on expectations about national inflation rates. We find … that the Russian invasion increased short-run inflation expectations for 2022 by 0.75 percentage points. Treatment effects …

We study how carbon pricing has affected inflation ex-post, using dynamic panel estimation of New-Keynesian Phillips … carbon taxes. We find that an increase in prices of ETS by $10 per ton of CO2 equivalents increases energy CPI inflation by 0 ….8 percentage points (pp), and headline inflation by 0.08pp, but has no significant effects on food and core CPI inflation. We also …

Inflation expectations are central to economics because they affect the effectiveness of fiscal and monetary policy as … well as realized inflation. We survey the recent literature with a focus on the inflation expectations of households. We … first review standard data sources and discuss their advantages and disadvantages. We then document that household inflation …

Using a new survey of firms' inflation expectations in France, we provide novel evidence about the measurement and … formation of inflation expectations on the part of firms. First, French firms report inflation expectations with a smaller, but … the wording of questions matters for the measurement of firms' inflation expectations. Third, we document whether and how …