impact is perhaps the most surprising consequence of the single currency's introduction. Following the changeover, perceived … inflation rose significantly and returned to its prechangeover level only several months later. This paper argues that people …

A crucial but often ignored element of inflation expectations is the amount of perceived inflation risk. This paper …

perceived inflation persistence by the private sector. Such a sophisticated policy reduces inflation persistence and inflation …

perceived inflation persistence by the private sector. Such a sophisticated policy reduces inflation persistence and inflation …

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

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

instantaneously decrease their consumption expenditure in response to shocks in perceived inflation, while their reaction to shocks in …

households perceived inflation, an additional indicator not included in the version of the model with a break. This inclusion …

population. The rise in perceived inflation can be largely explained by the generally stronger influence that large, upward, and …

This paper investigates the link between the perceived inflation risks in macroeconomic forecasts and the inflation …