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Anchoring of inflation expectations in the euro area: recent evidence based on survey data

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  • Łyziak, Tomasz
  • Paloviita, Maritta

Abstract

The paper analyses the anchoring of inflation expectations of professional forecasters and consumers in the euro area. We study anchoring, defined as the central bank JEL Classification: D84, E52, E58

Suggested Citation

  • Łyziak, Tomasz & Paloviita, Maritta, 2016. "Anchoring of inflation expectations in the euro area: recent evidence based on survey data," Working Paper Series 1945, European Central Bank.
  • Handle: RePEc:ecb:ecbwps:20161945
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    References listed on IDEAS

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    More about this item

    Keywords

    anchoring; euro area; financial crisis; inflation expectations; survey data;

    JEL classification:

    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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