Measuring consumer inflation expectations in Europe and examining their forward-lookingness
In: The IFC's contribution to the 57th ISI Session, Durban, August 2009
AbstractThis paper presents numerical measures of European consumersâ inflation expectations derived on the basis of European Commission qualitative survey data with different quantification methods, i.e. with the probability method, the regression method and the logistic (and linear) function method. The study aims at assessing differences between those measures and the resulting uncertainty in measuring inflation expectations of this group of economic agents. Moreover, in the empirical part of the paper the formation of expectations by consumers in European economies is examined, with a particular focus on estimating the degree of forward-lookingness of expectations.
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This item is provided by Bank for International Settlements in its series IFC Bulletins chapters with number 33-19.
Other versions of this item:
- Lyziak, Tomasz, 2009. "Measuring consumer inflation expectations in Europe and examining their forward-lookingness," MPRA Paper 18890, University Library of Munich, Germany.
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- C42 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Survey Methods
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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