van der Cruijsen, Carin; Demertzis, Maria - In: Economic Modelling 28 (2011) 1, pp. 281-298
Anchored inflation expectations help stabilize inflation. Previous results indicate that monetary policy has been … effective in breaking the link between actual and expected inflation at the euro area level. In this paper we examine whether … proceed to examine the extent to which this disconnect exists for a number of euro area countries. Our findings suggest that …