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Are consumer expectations theory-consistent? : the role of macroeconomic determinants and central bank communication
Dräger, Lena (contributor); Lamla, Michael (contributor);  … - 2014
Using the microdata of the Michigan Survey of Consumers, we evaluate whether U.S. consumers form macroeconomic … higher than 2%. Moreover, consistency with respect to all three concepts is affected by changes in the communication policy …
Persistent link: https://www.econbiz.de/10010425155
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Are consumer expectations theory-consistent? : the role of macroeconomic determinants and central bank communication
Dräger, Lena; Lamla, Michael; Pfajfar, Damjan - 2013
Persistent link: https://www.econbiz.de/10010228794
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Are Consumer Expectations Theory-Consistent? The Role of Macroeconomic Determinants and Central Bank Communication
Dräger, Lena - 2013
Using the microdata of the Michigan Survey of Consumers, we evaluate whether U.S. consumers form macroeconomic …, consistency with respect to all three concepts is affected by changes in the communication policy of the Fed, where the strongest …
Persistent link: https://www.econbiz.de/10013073136
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Are Consumer Expectations Theory-Consistent? The Role of Macroeconomic Determinants and Central Bank Communication
Dräger, Lena - 2013
Using the microdata of the Michigan Survey of Consumers, we evaluate whether U.S. consumers form macroeconomic …, consistency with respect to all three concepts is affected by changes in the communication policy of the Fed, where the strongest …
Persistent link: https://www.econbiz.de/10013073240
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Consumers' macroeconomic expectations
Dräger, Lena; Lamla, Michael - 2023
After the financial crisis of 2008, central banks around the world have increased their communication efforts to reach … role of narratives and preferences and lastly, we survey the research on causal effects of central bank communication on …
Persistent link: https://www.econbiz.de/10014383922
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Consumers' macroeconomic expectations
Dräger, Lena; Lamla, Michael - 2023
After the financial crisis of 2008, central banks around the world have increased their communication efforts to reach … role of narratives and preferences and lastly, we survey the research on causal effects of central bank communication on …
Persistent link: https://www.econbiz.de/10014416136
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Media treatment of monetary policy surprises and their impact on firms' and consumers' expectations
Pinter, Julien; Kočenda, Evžen - 2021
We empirically investigate whether monetary policy announcements affect firms' and consumers' expectations by taking into account media treatments of monetary policy announcements. To identify exogenous changes in monetary policy stances, we use the standard financial monetary policy surprise...
Persistent link: https://www.econbiz.de/10012620697
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Media treatment of monetary policy surprises and their impact on firms' and consumers' expectations
Pinter, Julien; Kočenda, Evžen - 2023
Do firms' and consumers' expectations react to central bank announcements? Past literature has come to divergent conclusions, but it has systematically ignored how media treat the announcements. This paper investigates the link between monetary policy announcements and expectations by taking...
Persistent link: https://www.econbiz.de/10014267174
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Fed speak on main street : central bank communication and household expectations
Binder, Carola Conces - In: Journal of macroeconomics 52 (2017), pp. 238-251
Persistent link: https://www.econbiz.de/10011752868
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Do words affect expectations? : The effect of central banks communication on consumer inflation expectations
Szyszko, Magdalena; Rutkowska, Aleksandra; Kliber, Agata - In: The quarterly review of economics and finance : journal … 86 (2022), pp. 221-229
Persistent link: https://www.econbiz.de/10014249107