We document novel survey-based facts about preferred long-run inflation rates among US consumers. Consumers on average …

results are based on a new survey on wage setting among Hungarian firms. The survey is part of the Eurosystem Wage Dynamics … countries as well as five Central and Eastern European countries. The survey results show that the Hungarian labor market, while … institutionally flexible, appears to be surprisingly rigid. The survey evidence points to low turnover and possibly more rigid wages …