aggregate inflation and the higher-order moments of the distribution of relative price changes. Our empirical findings confirm … explanatory variable for the inflation rate. Further, the skewness measure also helps to explain shifts in the Phillips curve …

professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and …

professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and …

We investigate the relevance of the Carroll's sticky information model of inflation expectations for four major … European economies (France, Germany, Italy and the United Kingdom). Using survey data on household and expert inflation … expectations we argue that the model adequately captures the dynamics of household inflation expectations. We estimate two …

professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and …