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Inflationsziel und Inflationsmessung in der Eurozone im Wandel

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  • Schnabl, Gunther
  • Sepp, Tim

Abstract

Zusammenfassung Viele Menschen im Euroraum haben zunehmend das Gefühl, dass der allgemeine Kaufkraftverlust des Geldes sehr viel höher ist als die offiziell gemessenen Inflationsraten. So lag Umfrageergebnissen zufolge z. B. im ersten Quartal 2021 die gefühlte Inflation im Euroraum bei 4,5 %, während die offiziell gemessene Inflationsrate 1 % betrug. Das könnte daran liegen, dass Preissteigerungen subjektiv stärker wahrgenommen werden als Preissenkungen. Es kann aber ebenso gut daran liegen, wie Preisstabilität gemessen wird und wie sich die Umsetzung des Ziels der Preisstabilität durch die Europäische Zentralbank verändert hat.
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Suggested Citation

  • Schnabl, Gunther & Sepp, Tim, 2021. "Inflationsziel und Inflationsmessung in der Eurozone im Wandel," Working Papers 172, University of Leipzig, Faculty of Economics and Management Science.
  • Handle: RePEc:zbw:leiwps:172
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    References listed on IDEAS

    as
    1. Grossmann, Volker & Steger, Thomas M. & Trimborn, Timo, 2013. "The macroeconomics of TANSTAAFL," Journal of Macroeconomics, Elsevier, vol. 38(PA), pages 76-85.
    2. Karl‐Friedrich Israel & Gunther Schnabl, 2024. "Alternative measures of price inflation and the perception of real income in Germany," The World Economy, Wiley Blackwell, vol. 47(2), pages 618-636, February.
    3. Schäfer, Andreas & Schneider, Maik T., 2015. "Endogenous Enforcement Of Intellectual Property, North–South Trade, And Growth," Macroeconomic Dynamics, Cambridge University Press, vol. 19(5), pages 1074-1115, July.
    4. Gunther Schnabl, 2020. "Die Inflationsmessung erzeugt die Illusion der stabilen Kaufkraft," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 100(11), pages 838-841, November.
    5. Martin S. Eichenbaum & Miguel Godinho de Matos & Francisco Lima & Sergio Rebelo & Mathias Trabandt, 2020. "Expectations, Infections, and Economic Activity," NBER Working Papers 27988, National Bureau of Economic Research, Inc.
    6. Hagenkort-Rieger, Susanne & Sewald, Nadin, 2021. "Theoretische und praktische Ansätze der Inflationsmessung in Zeiten der Corona-Pandemie," WISTA – Wirtschaft und Statistik, Statistisches Bundesamt (Destatis), Wiesbaden, vol. 73(1), pages 19-33.
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    Cited by:

    1. Treu, Johannes & Hartwig, Johannes, 2023. "Perceived Inflation in Germany in 2022," MPRA Paper 118403, University Library of Munich, Germany.
    2. Treu, Johannes & Hartwig, Johannes, 2022. "Messung der gefühlten Inflation in Deutschland," IU Discussion Papers - Business & Management 12 (November 2022), IU International University of Applied Sciences.
    3. Gunther Schnabl & Tim Florian Sepp, 2021. "Auch die Konsumentenpreisinflation dürfte auf längere Zeit steigen," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 101(9), pages 684-687, September.
    4. Andreas Krämer & Daniel F. Heuermann & Thomas Burgartz, 2022. "Gefühlte Inflation als Bestimmungsgrund der Spar- und Konsumstruktur von Verbrauchern [Perceived Inflation as a Determinant of the Savings and Spending Structure of Consumers]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(10), pages 782-788, October.

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    More about this item

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General

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