Baumann, Ursel; Ferrando, Annalisa; Georgarakos, Dimitris; … - National Bureau of Economic Research - 2024
This paper provides new survey evidence on firms' inflation expectations in the euro area. Building on the ECB's Survey … on the Access to Finance of Enterprises (SAFE), we introduce consistent measurement of inflation expectations across … firms' inflation expectations and show that firms disagree about future inflation more than professional forecasters but …