The purpose of the present paper is to investigate perceived inflation gap persistence using actual data of … professional forecasts. We derive the unobserved perceived inflation gap persistence and using a state dependent model we estimate …

contributed to the breaking of the link between actual and perceived inflation. There is clear evidence that the euro cash … changeover led to a severing of the link between actual and perceived inflation. However, the direct impact on inflation was …

tabloid's indicator is more effective for predicting perceived inflation among low-income and lower-education households …

tabloid's indicator is more effective for predicting perceived inflation among low-income and lower-education households …

negative impact are threefold. First, perceived inflation overestimates the real increase in prices resulting in suboptimal …

inflation in most countries. Such an increase and persistence in the perceived inflation might then have an impact on inflation … between measured and perceived inflation. Section 2 then builds up the theoretical framework based on the short-term Phillips …There is significant empirical evidence that the introduction of the euro led to a significant increase of perceived …