For decades, the academic literature has focused on three survey measures of expected inflation: the Livingston Survey … models of forecasting inflation, the data are low frequency measures which appear anachronistic in the modern era of high … frequency and real-time data. I present a collection of 37 different measures of inflation expectations, including many …

I present evidence that higher frequency measures of inflation expectations outperform lower frequency measures of … inflation expectations in tests of accuracy, predictive power, and rationality. For decades, the academic literature has focused … on three survey measures of expected inflation: the Livingston Survey, the Survey of Professional Forecasters, and the …

government bonds to derive expected inflation rates and inflation risk premia, in the euro area and in the US. Maximum likelihood … which can be interpreted as two real factors and one inflation factor. These provide important information on expected … inflation and inflation risk premia. The results highlight some striking differences between the euro area and the US. In the US …

-adjusted nominal term structure to compute the constant-maturity inflation compensation. This compensation is compared with the … surveyed inflation expectation in order to obtain a measure of the inflation risk premium in the euro area during the last …

inflation in the euro area. As far as real rates are concerned, we find that they are not affected by macroeconomic surprises in … the United States, but they are by surprises in inflation and monetary policy in the euro area. Inflation expectations in … both areas are not systematically influenced by monetary policy surprises. In the United States forward inflation risk …