inflation measure in the future. This paper uses the Bundesbank's online household panel to study how household expectations …-run expectations for euro area overall inflation, interest rates, and OOH inflation. Long-run expectations are typically higher for OOH … inflation than overall inflation, and both are unanchored from the ECB's target at the time of the survey. We find significantly …

inflation and on unemployment. This relationship can be motivated by the existence of the Taylor rule. Using micro survey data … mainly driven by disagreement on inflation. Exploring further determinants, we confirm that central bank transparency as well …

inflation channels, that is, liquidity fuels housing market developments. …

We study the role of homeownership in the effectiveness of monetary policy on households' expectations. Empirically, we … find that homeowners revise down their near-term inflation expectations and their optimism about future labor market …