New-Keynesian macroeconomic models typically assume that any long-run trade-off between inflation and unemployment is … rate, unemployment and inflation in West Germany from the early 1960s up to 2004 using a multivariate co … data a strong negative correlation between the trend components of inflation and unemployment. We show that this finding …

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 …

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 …

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