The Consumer Expectations Survey (CES) is an important new tool for analysing euro area household economic behaviour … and expectations. This new survey covers a range of important topical areas including consumption and income, inflation …

The Consumer Expectations Survey (CES) is an important new tool for analysing euro area household economic behaviour … and expectations. This new survey covers a range of important topical areas including consumption and income, inflation …

and debt positions. Once they receive information on this erosion channel, they update perceptions and expectations about …

substantially. We document this fact by comparing an easy-to-grasp expectations-based policy, unconventional fiscal policy, with a … consumption via managing inflation expectations based on the Euler equation. Unconventional fiscal policy uses trivial … announcements of future consumer-price increases to boost inflation expectations and consumption expenditure on impact. Instead …

This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them …