COLEMAN, WINNIE; NAUTZ, DIETER - In: Journal of Money, Credit and Banking 55 (2022) 7, pp. 1937-1953
online survey of German citizens in January 2019 that is designed to measure long‐term inflation expectations and the … credibility of the inflation target. Our results indicate that credibility has decreased in our sample period, particularly in the … course of the deep recession implied by the Covid‐19 pandemic. Interestingly, even though inflation rates in Germany have …