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Kang, Minwook - 2014

Persistent link: https://www.econbiz.de/10010370350

Global Inflation Dynamics and Inflation Expectations

Feldkircher, Martin - 2018

In this paper we investigate dynamics of global inflation and short-run inflation expectations. We estimate a global vector autoregressive (GVAR) model estimated using Bayesian techniques. We then explore the effect of three source of inflationary pressure that could drive up inflation...

Persistent link: https://www.econbiz.de/10012907659

Measuring Disagreement in UK Consumer and Central Bank Inflation Forecasts

Moessner, Richhild - 2014

We provide a new perspective on disagreement in inflation expectations by examining the full probability distributions of UK consumer inflation forecasts based on an adaptive bootstrap multimodality test. Furthermore, we compare the inflation forecasts of the Bank of England's Monetary Policy...

Persistent link: https://www.econbiz.de/10013067922

How to Define the Consumer Perceived Price Index? The Case of Poland

Halka, Aleksandra - 2013

the Prospect Theory, are confirmed in many empirical studies, showing that consumers are substantially influenced by … introduction, an alternative price index, i.e. the Index of Perceived Inflation, was proposed by Brachinger (2006) and Brachinger …, including the Index of Perceived Inflation. Then we evaluate these indices vs. CPI inflation in terms of their impact on …

Persistent link: https://www.econbiz.de/10013073415

Evaluación del poder de predicción de las expectativas de inflación de los consumidores en México

Murillo, José Antonio; Romeu, Paula Sanchez - 2012

This paper introduces an indicator of consumers' inflation expectations based on data from the National Consumer Confidence Survey of Mexico (ENCO, in Spanish), and tests its predictive power over CPI inflation and other measures of inflation that correspond to smaller baskets of consumer goods,...

Persistent link: https://www.econbiz.de/10009674751

EU consumers' quantitative inflation perceptions and expectations : an evaluation

Arioli, Rodolfo; Bates, Colm; Dieden, Heinz; Duca, Ioana; … - 2017

inflation are found to be higher than actual HICP (Harmonised Index of Consumer Prices) inflation over the entire sample period …

Persistent link: https://www.econbiz.de/10011636136

Owner-occupied housing costs, policy communication, and inflation expectations

Wauters, Joris; Zekaite, Zivile; Garabedian, Garo - 2024

The ECB concluded its strategy review in 2021 with a plan to include owner-occupied housing (OOH) costs in its inflation measure in the future. This paper uses the Bundesbank's online household panel to study how household expectations would react to this change. We conducted a survey experiment...

Persistent link: https://www.econbiz.de/10014532469

Salient Price Changes, Inflation Expectations, and Household Behavior

D'Acunto, Francesco - 2019

How do households form their inflation expectations? We show the price changes individual consumers observe while shopping are a key determinant of their expectation for overall inflation. We use individual non-durable consumption choices in the Nielsen Homescan Panel to construct...

Persistent link: https://www.econbiz.de/10012872215

The impact of rising oil prices on U.S. inflation and inflation expectations in 2020-23

Kilian, Lutz; Zhou, Xiaoqing - 2021

Predictions of oil prices reaching $100 per barrel during the winter of 2021/22 have raised fears of persistently high inflation and rising inflation expectations for years to come. We show that these concerns have been overstated. A $100 oil scenario of the type discussed by many observers,...

Persistent link: https://www.econbiz.de/10012696925

The impact of rising oil prices on U.S. inflation and inflation expectations in 2020-23

Kilian, Lutz; Zhou, Xiaoqing - 2021

Persistent link: https://www.econbiz.de/10012698202