Publikationsserver
Updating Inflation Expectations
This paper investigates how inflation expectations evolve. In particular, we analyze the time-varying nature of the propensity to update expectations and its potential determinants. For this purpose we set up a flexible econometric model that tracks the formation of inflation expectations of consume...
Збережено в:
| Опубліковано в:: | MAGKS - Joint Discussion Paper Series in Economics (Band 16-2012) |
|---|---|
| Автори: | , |
| Формат: | Arbeit |
| Мова: | англійська |
| Опубліковано: |
Philipps-Universität Marburg
2012
|
| Предмети: | |
| Онлайн доступ: | PDF-повний текст |
| Теги: |
Додати тег
Немає тегів, Будьте першим, хто поставить тег для цього запису!
|
| Резюме: | This paper investigates how inflation expectations evolve. In particular, we analyze the time-varying nature of the propensity to update expectations and its potential determinants. For this purpose we set up a flexible econometric model that tracks the formation of inflation expectations of consumers at each moment in time. We show that the propensity to update inflation expectations changes substantially over time and is related to the quantity and the quality of news. |
|---|---|
| ISSN: | 1867-3678 |
| DOI: | 10.17192/es2024.0130 |