significantly more favorable output-inflation trade-off than his peers. …

significantly more favorable output-inflation trade-off than his peers. …

significantly more favorable output-inflation trade-off than his peers. …

Using three waves of a customised survey among Dutch households, this paper studies the variation in people's views on … inflation. Based on a range of panel regressions, we find that accurate perceptions of recent price changes are an important … determinant of the accuracy of next-year inflation expectations. The realism of inflation perceptions is, in turn, related to the …

In this paper we systematically evaluate how central banks respond to deviations from the inflation target. We present … a stylized New Keynesian model in which agents' inflation expectations are sensitive to deviations from the inflation … inflation exceeded the target in the past. Moreover, the central bank responds non-linearly to past inflation gaps. This is …

In this paper we systematically evaluate how central banks respond to deviations from the inflation target. We present … a stylized New Keynesian model in which agents' inflation expectations are sensitive to deviations from the inflation … inflation exceeded the target in the past. Moreover, the central bank responds non-linearly to past inflation gaps. This is …

significantly more favorable output-inflation trade-off than his peers. …

significantly more favorable output-inflation trade-off than his peers. …