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In this paper we explore the degree of anchoring of consumers' long-run inflation expectations. If expectations are …. Regarding the possible determinants, we find that consumers' rising interest rate expectations and perceived news on the … monetary policy stance have a detrimental effect on the anchoring of long-run expectations. This effect is no longer present in …
Persistent link: https://www.econbiz.de/10009775798
Persistent link: https://www.econbiz.de/10010425203
In this paper, we explore the degree of anchoring of consumers' individual long-run inflation expectations utilizing …-run expectations fell significantly. While we observe that the anchoring of expectations increases for all age and birth cohorts, it …-run inflation expectations as compared to the young cohorts. Older cohorts show a higher volatility in their degree of anchoring and …
Persistent link: https://www.econbiz.de/10011846446
inflation as well as news on fiscal deficts lead to a greater comovement and hence a lower anchoring of inflation expectations …In this paper we explore the degree of anchoring of inflation expectations of consumers by analysing the comovement in … strength of comovement we find that high inflation, higher levels of expected inflation of professional forecasters and news on …
Persistent link: https://www.econbiz.de/10010340566
volatility measures and news regarding inflation. Finally, the updating frequency is found to significantly move spreads in bond …
Persistent link: https://www.econbiz.de/10010425202
volatility measures and news regarding inflation. Finally, the updating frequency is found to significantly move spreads in bond …
Persistent link: https://www.econbiz.de/10010339950
We propose a new approach to assessing the anchoring of inflation expectations using "strategic surveys". Namely, we …-run inflation expectations. We implement the method in the summer of 2019 and the spring-summer of 2021 when the anchoring of long …
Persistent link: https://www.econbiz.de/10013162104
(i) reviewing the nature and behaviour of inflation expectations, with a focus on the degree of anchoring, and (ii … has been on surveys of professional forecasters and on market-based indicators.Regarding the anchoring of inflation … expectations, (ii) a comprehensive framework for assessing (un)anchoring and (iii) further considerations regarding the use of …
Persistent link: https://www.econbiz.de/10012626673
In this paper we explore the degree of anchoring of consumers' long-run inflation expectations. If expectations are …. Regarding the possible determinants, we find that consumers' rising interest rate expectations and perceived news on the … monetary policy stance have a detrimental effect on the anchoring of long-run expectations. This effect is no longer present in …
Persistent link: https://www.econbiz.de/10013078377
as news on money and credit conditions significantly influence disagreement. …
Persistent link: https://www.econbiz.de/10010504015