inflation. In two large-scale experiments, one conducted in the US and one in Germany, we show how the specifics of the response … survey design and for central banks' optimal adjustment of the response scales during times of high inflation. …

In density forecasts, respondents are asked to assign probabilities to pre-specifted ranges of inflation. We show in … implications for survey design and how central banks can adjust the response scales during times of high inflation. …

advantages over the standard scale which is centered at zero inflation: First, they mitigate the impact of the central tendency … the need to adjust the scale when actual inflation falls outside the range for which the response scale was designed. Our …

-based questions. We show that inflation density forecasts are sensitive to the survey question designs used to elicit them. The within …-based inflation density forecasts …

This paper investigates the accuracy of point and density forecasts of four DSGE models for inflation, output growth …

This paper investigates the accuracy of forecasts from four DSGE models for inflation, output growth and the federal … federal funds rate. Only for inflation the model forecasts are dominated by the Greenbook projections. A comparison with …

Density forecasts of euro area inflation are a fundamental input for a medium-term oriented central bank, such as the … euro area (headline and core) inflation and a large set of determinants, is competitive with state-of-the-art linear … ECB point inflation forecasts, displaying similar deviations from “linearity”. Given that the ECB modelling toolbox is …

Density forecasts of euro area inflation are a fundamental input for a medium-term oriented central bank, such as the … euro area (headline and core) inflation and a large set of determinants, is competitive with state-of-the-art linear … ECB point inflation forecasts, displaying similar deviations from "linearity". Given that the ECB modelling toolbox is …