We study the link between expected inflation and wages using novel panel data from German firms and employees. We find … that pass-through - the percentage point change in wage growth given a one percentage point change in expected inflation … extensive margin, expected inflation has little effect on additional wage negotiations. …

We study the link between expected inflation and wages using novel panel data from German firms and employees. We find … that pass-through—the percentage point change in wage growth given a one percentage point change in expected inflation … margin, expected inflation has little effect on additional wage negotiations. …

investigate the inflation expectations and uncertainties of firms. We document that, in the aggregate, firm inflation expectations … inflation expectations bear little in common with the "prices in general" expectations reported by households. Next we show that …, during our three-year sample, firm inflation expectations appear to be unbiased predictors of their year-ahead observed …

investigate the inflation expectations and uncertainties of firms. We document that, in the aggregate, firm inflation expectations … inflation expectations bear little in common with the "prices in general" expectations reported by households. Next we show that …, during our three-year sample, firm inflation expectations appear to be unbiased predictors of their year-ahead observed …

curve specification assumes inflation expectations are anchored at the central bank’s target, although some experimentation …-shooting of inflation has led to some de-anchoring of expectations from the target, especially in the euro area. For most OECD …A statistically significant relationship between the unemployment gap and inflation can be found for a clear majority …