Inflation expectations are a key variable in conducting monetary policy. However, these expectations are generally … unobservable and only certain proxy variables exist, such as surveys on inflation expectations. This paper offers guidance on the … appropriate quantification of household inflation expectations in the Swiss Consumer Survey, where answers are qualitative in …

gereicht hätte, um die Inflationsrisiken zu begrenzen. Statt mit Augenmaß die Inflation in Schach zu halten, droht die EZB mit …

regression models and provide a discussion of the impact on the formation of inflation expectations in the presence of multiple … and recurrent changes in inflation regimes. Our empirical findings give a plausible explanation as to why the rational …-expectations hypothesis based on direct measures of inflation expectations from survey series is typically rejected because of large …

Inflation as a phenomenon has witnessed remarkable changes starting from mid-eighties of the last century. Inflation … pull inflation as one of the major determinants of inflation has decreased due to efficient monetary policies that have … been adopted by central banks all over the world to reduce inflation based on anchoring inflation expectations. Moreover …

Due to its negative effects on economy, across the time, the inflation process always represented a problem of … actuality, in the economic debates. Among all of the inflation’s social costs, the effects on the companies’ activity will … experience showed us that the inflation level depends in a great measure on the economic agents’ expectations about the evolution …