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expected inflation and decreases (increases) reported past (expected) inflation. Income, education, gender, objective and … that time, which supports the 'impressionable years' hypothesis based on different inflation experiences. …
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In the aftermath of the euro cash changeover consumers' inflation perceptions rose substantially in the euro area … countries while actual inflation figures remained almost unchanged. During that period media reporting on the potentially large … reporting has a statistically significant and economically meaningful impact on inflation perceptions and contributed to their …
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cross-country differences in the mismatch of perceived and actual inflation in the aftermath of the cash changeover are …
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How people perceive and forecast inflation has the potential to impact on a range of economic outcomes. We reveal large …, systematic overestimation of inflation by Irish consumers, which varies by social group. In contrast to previous work in this … phenomena. We also offer evidence that inflation misperceptions are linked to attitudes and intentions with respect to …
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We compare the formation of quantitative inflation perceptions and expectations from questions asked either in terms of … price changes or in terms of the inflation rate in a new socio-economic household survey established at the University of … bank, risk attitudes as well as news heard on monetary policy or inflation. We find that the upwards bias of reported …
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