Galati, Gabriele; Poelhekke, Steven; Zhou, Chen - de Nederlandsche Bank - 2009
We investigate whether the anchoring properties of long-run inflation expectations in the United States, the euro area … and the United Kingdom have changed around the economic crisis that erupted in mid-2007. We document that in these three … the outburst of the crisis. We show, however, that these factors did not contaminate the relationship between …