account middle-inflation overestimate the impact of financial expectations. …

coronavirus (COVID-19) pandemic, the CES has been used to gather useful information on the impact of the crisis on the household …The Consumer Expectations Survey (CES) is an important new tool for analysing euro area household economic behaviour … and expectations. This new survey covers a range of important topical areas including consumption and income, inflation …

average household in response to increasing media reporting about inflation …This paper studies the formation of consumers inflation expectations using micro-level data from the Michigan Survey …. It shows that beyond the well-established socio-economic determinants of inflation expectations like gender, income or …

What inflation measure should central banks target? This paper shows optimal monetary policy targets headline inflation … if households pay limited attention to different consumption categories when forming inflation expectations. This result … stands in contrast to standard rational expectations models, where optimal policy targets core inflation. The core inflation …