; (iv) newer generation Phillips curve models with several timevarying features are a promising avenue for forecasting …

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 … useful information. By contrast, incorporating expectations derived from financial market prices or those of firms and …

; (iv) newer generation Phillips curve models with several time-varying features are a promising avenue for forecasting …

contribute to anchoring of expectations about nominal variables; its effects on disagreement about real variables are moderate. …

This paper uses a panel VAR (PVAR) approach to estimating, analysing, and forecasting price dynamics in four different …

provide more robust forecasts. We investigate this issue for forecasts from a range of short-term forecasting models. Our …

the beginning of 2018. They also have performed well in forecasting the direction of inflation. In terms of the …

variables, but also by tilting to expectations from the Survey of Professional Forecasters. For Phillips curves, averaging …