Inflation perceived by consumers may differ from official statistics particularly due to different baskets of goods and … observations, particularly useful in interpreting a jump of inflation perception in some of the EMU economies after the euro … introduction, an alternative price index, i.e. the Index of Perceived Inflation, was proposed by Brachinger (2006) and Brachinger …

-averse consumers give significantly higher in flation estimates under the inflation wording. …

Analysis of the Michigan Survey data confirms U.S. inflation expectations are not perfectly anchored in the event of an … oil price shock. Two key results emerge through counterfactual analysis. First, better anchoring of inflation expectations … can ameliorate the mild inflation impact which occurs 10 to 12 months after an oil price shock. Second, an initial large …

policies. The ability to measure inflation expectations is an integral part of central bank policy especially for central banks … that are implementing inflation-targeting regime. A forward-looking perspective is essential to the success of inflation … targeting. Therefore, a central bank having primary objective of price stability are interested in inflation expectations …

the Phillips curve based on constant inflation expectations has returned for Sweden. Based on estimates of this model …-2011. This result is based on Svensson's unrealistic as well as unnecessary assumption of constant inflation expectations … anchored at the Riksbank's inflation target of 2 per cent. Data show, however, that the public's inflation expectations have …

We empirically investigate how well different learning rules manage to explain the formation of household inflation … in replicating inflation expectation data but also in forecasting actual inflation rates. …

This paper studies consumers' inflation expectations using micro-level data from the Surveys of Consumers conducted by … inflation. Equivalent results are found during recessions. …

inflation and on unemployment. This relationship can be motivated by the existence of the Taylor rule. Using micro survey data … mainly driven by disagreement on inflation. Exploring further determinants, we confirm that central bank transparency as well …

This paper investigates the issue of rational expectations using inflation forecasts from the Survey of Professional … estimated time-varying bias can be used to improve the SPF and Green Book inflation forecast performance by at least 13.4%. This … under- and over predictions of actual inflation. …

examines the properties of Japanese households' inflation expectations using micro-based inflation expectations data from the … Monthly Consumer Confidence Survey Covering All of Japan. Our analyses show that actual inflation expectations by Japanese …