We investigate whether the anchoring properties of long-run inflation expectations in the United States, the euro area … economies, expectations measures extracted from inflation-indexed bonds and inflation swaps became much more volatile in 2007 …. Moreover, their sensitivity to news about inflation and other domestic macroeconomic variables a measure of anchoring increased …

macroeconomic magnitudes, we investigate how the link between inflation and inflation expectations alters with increasing … Bank, and only through them, inflation. We apply the framework used by Levin et al (2004) who differentiate between … inflation targeters and countries that do not have explicit quantitative objectives. They discover that inflation targeters …

shame or loss of reputation, originatingfrom informal social supervision, and by feelings of guilt or repentance …

private sector inflation forecasts. But beyond the optimum people might: (1) start to attach too much weight tothe … deteriorates the (perceived) quality of privatesector inflation forecasts. Inflation then is set in a more backward looking manner … resulting in higher inflation persistence. By using a panel data set on the transparency of 100 centralbanks we find empirical …

bank, lengthening the monetary policy horizon and by a more flexible inflation target. Estimation results of a probit model … of inflation risks. The empirical application shows that trading off monetary and macroprudential policy reduces the … overall costs related to inflation and financial instability. This can be achieved by changing the preferences of the central …

This paper examines robust estimators of core inflation for Belgian historical CPI data, and for euro area Harmonised … outperform the traditional core inflation measures found in the literature. However, as traditional measures, they lag rather … than lead observed inflation. This was particularly so in the 70s and the 80s when the oil price shocks had substantial …