We use a representative online survey to investigate the inflation expectations of German consumers and the credibility … of the ECB's inflation target during the recent high inflation period. We find that credibility has trended downwards … since summer 2021, reaching an all-time low in April 2022. The high correlation between inflation expectations and the …

Central bank surveys frequently elicit households’ probabilistic beliefs about future inflation. However, most … household surveys use a response scale that is tailored towards low-inflation regimes. Using data from a randomized controlled … trial included in the Bundesbank Online Panel Households, we show (i) that keeping the original scale in high-inflation …

exploits the rounding patterns in individuals' responses to survey questions on inflation expectations (Binder, 2017). This … inflation expectations. …

most important factor driving uncertainty about inflation. In contrast, variations in financial intermediaries' net worth …

.S. data shows significantly different responses in inflation and inflation expectations consistent with theory. …Time-variation in disagreement about inflation expectations is a stylized fact in surveys, but little is known on how … inflation and inflation expectations, whereas both decline when disagreement is low. Estimating a smooth-transition model on U …

experiences of these macroeconomic outcomes they have made during life. Focusing on expectations about national inflation …

find a higher average forecast accuracy of models that incorporate information on inflation expectations from the ECB’s SPF … inflation expectations are typically not large but significant in some periods. Both short- and long-term expectations provide … (not always for the countries). The analysis is undertaken for headline inflation and inflation excluding energy and food …

restriction measures and local unemployment rates on inflation expectations. We find that consumers who were locally more exposed … to COVID-19 cases report higher inflation expectations. e relationship between the virus spread and inflation …