Schmidt, Sandra; Nautz, Dieter - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010
. However, although experts tend to overestimate the impact of inflation on future interest rates, perceptions of monetary … future interest rate, inflation, and output to discover the sources of individual interest rate forecast errors. Based on a … improved communication has reduced disagreement over the ECB's response to expected inflation during the financial crisis. …