inflation and monetary policy, including: 1) inflation perceptions and expectations, 2) interest in and subjective, as well as …

difference affecting answers lies in the different time of inflation environment, i.e. low in 2021 and high in 2022. The survey … covers various topics having to do with inflation and monetary policy, including: 1) inflation perceptions and expectations …

A regime shift towards increased inflation expectations is credited with jumpstarting the recovery from the Great … Depression in the United States. Germany experienced a recovery as fast and strong in the 1930s. What role did inflation … expectations play at the start of this remarkable economic upturn? To answer this question, we study inflation expectations in …

The present paper uses survey data on expected consumer price developments to analyse the role of inflation … expectations in the inflation process. The survey measures of price expectations are derived from the European Commission … estimates of the New Keynesian inflation model presented here underscore the importance of inflation expectations for the short …

citizens in January 2019 that is designed to measure long-term inflation expectations and the credibility of the inflation … recession implied by the COVID-19 pandemic. Interestingly, even though inflation rates in Germany have been clearly below 2% for … several years, credibility has declined mainly because Germans increasingly expect that inflation will be much higher than 2 …

This paper analyses the impact of the monetary regime change from the Bundesbank to the ECB in 1999 on inflation … inflation, inflation expectations and forecast errors. The econometric investigation is based on a flexible specification of … expectation formation which allows both for rational and adaptive elements. Data on inflation expectations originate from the ZEW …

citizens in January 2019 that is designed to measure long-term inflation expectations and the credibility of the inflation … recession implied by the COVID-19 pandemic. Interestingly, even though inflation rates in Germany have been clearly below 2% for … several years, credibility has declined mainly because Germans increasingly expect that inflation will be much higher than 2 …

-economic environment? In this paper, we make use of a natural experiment to analyse the role of inflation experiences and institutions in … the formation of individual inflation preferences. In particular, we exploit the division of post-war Germany to … investigate to what extent the factual non-experience of inflation and 40 years of Communism have affected inflation preferences …