find a higher average forecast accuracy of models that incorporate information on inflation expectations from the ECB's SPF … inflation expectations are typically not large but significant in some periods. Both short- and long-term expectations provide … useful information. By contrast, incorporating expectations derived from financial market prices or those of firms and …

find a higher average forecast accuracy of models that incorporate information on inflation expectations from the ECB's SPF … inflation expectations are typically not large but significant in some periods. Both short- and long-term expectations provide … useful information. By contrast, incorporating expectations derived from financial market prices or those of firms and …

find a higher average forecast accuracy of models that incorporate information on inflation expectations from the ECB's SPF … inflation expectations are typically not large but significant in some periods. Both short- and long-term expectations provide … useful information. By contrast, incorporating expectations derived from financial market prices or those of firms and …

find a higher average forecast accuracy of models that incorporate information on inflation expectations from the ECB’s SPF … inflation expectations are typically not large but significant in some periods. Both short- and long-term expectations provide … useful information. By contrast, incorporating expectations derived from financial market prices or those of firms and …

This paper investigates the changing behavior of inflation expectations in response to the macroeconomic and policy … present evidence on the behavioral shifts in the inflation expectations associated with evolving macroeconomic and policy … performance. We use a unique survey with the feature of including matched policy rate and fixed-horizon inflation expectations at …

This paper investigates the changing behavior of inflation expectations in response to the macroeconomic and policy … present evidence on the behavioral shifts in the inflation expectations associated with evolving macroeconomic and policy … performance. We use a unique survey with the feature of including matched policy rate and fixed-horizon inflation expectations at …

We investigate the role played by the media in the expectations formation process of households. Using a novel news … of households' stated inflation expectations. In turn, in a noisy information model setting, augmented with a simple …, robust and new evidence highlighting the role of the media for understanding inflation expectations and information …

utilization and temporary shocks, around a trend influenced by inflation expectations. We study the in-sample inflation dynamics …-sample, while inflation expectations dominate medium-to-long-run cycles, energy prices dominate short cycles and business …-to-medium cycles once expectations became anchored. While statistically significant, unemployment is not economically relevant for any …

factors predominantly drive core goods price changes. When comparing forecasting performance, we find that both the aggregate …

contribute to anchoring of expectations about nominal variables; its effects on disagreement about real variables are moderate. …