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This report updates and extends earlier assessments of quantitative inflation perceptions and expectations of consumers … Harmonised EU Programme of Business and Consumer Surveys. Confirming earlier findings, consumers' quantitative estimates of … (2004-2015). The analysis shows that European consumers hold different opinions of inflation depending on their income, age …
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In the light of the research which proves that inflation expectations cannot be fully explained by inflation itself, a question about the possible drivers of expectations arises. In this paper, we look for such drivers with the use of the cointegration analysis. We assume that some economic...
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