We empirically investigate how well different learning rules manage to explain the formation of household inflation … in replicating inflation expectation data but also in forecasting actual inflation rates. …

This paper analyses the effects of monetary policy decisions on inflation expectations of European consumers. Using a … responses of consumers in various European countries into quantitative time series of inflation expectations. After checking the … inflation on inflation expectations across European countries. We inter alia seek to explore whether the reaction of consumers …

the ECB.s monetary policy credibility as measured by long-term inflation expectations, by looking at their effects on euro … area inflation swap rates of maturities up to 10 years. We consider asset purchase programmes and long-term refinancing … operations with maturities above 6 months. We find that these announcements only led to a slight increase in long-term inflation …

We investigate how non-specialists form inflation expectations by running an experiment using a basic Overlapping … Generations (OLG) model. The participants of the experiment are students of the University of Amsterdam, who predict inflation … substantially more difficulty in stabilizing inflation development by submitting accurate predictions than participants in the first …

Anchored inflation expectations help stabilize inflation. Previous results indicate that monetary policy has been … effective in breaking the link between actual and expected inflation at the euro area level. In this paper we examine whether … this is also true at the national level. We define the disconnect' between inflation and inflation expectations and then …

This paper analyses the effects of monetary policy decisions on inflation expectations of European consumers. Using a … responses of consumers in various European countries into quantitative time series of inflation expectations. After checking the … inflation on inflation expectations across European countries. We inter alia seek to explore whether the reaction of consumers …

This paper analyses the usefulness of direct measures of consumers' perceptions and expectations of inflation for … interpreted as a structural shock, has significantly affected the inflation rate as perceived by consumers. We find that European … inflation expectations are relatively robust to sudden changes in inflation or monetary policy surprises, regardless of the …

to a significant reduction in real yields. By contrast, breakeven inflation rates were barely affected, if at all …, suggesting that inflation expectations have remained well-anchored, and that explicit FOMC policy rate guidance has not adversely …

's ability to form realistic inflation expectations. …

We provide new insights on the formation of inflation expectations - in particular at a time of great financial and … answered a weekly questionnaire about their short-, medium- and long-term inflation expectations. Participants received common … information sets with data relevant to euro area inflation. Our analysis of survey responses reveals several interesting results …