Arbeitspapier
Updating inflation expectations
This paper investigates how inflation expectations evolve. In particular, we analyze the time-varying nature of the propensity to update expectations and its potential determinants. For this purpose we set up a flexible econometric model that tracks the formation of inflation expectations of consumers at each moment in time. We show that the propensity to update inflation expectations changes substantially over time and is related to the quantity and the quality of news.
- Sprache
-
Englisch
- Erschienen in
-
Series: MAGKS Joint Discussion Paper Series in Economics ; No. 16-2012
- Klassifikation
-
Wirtschaft
Price Level; Inflation; Deflation
Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Applications
Monetary Policy
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- Thema
-
inflation expectation formation
time-varying parameters
Bayesian methods
disagreement
media coverage
stochastic volatility
Inflationserwartung
Zeit
Informationsverhalten
Wirtschaftsinformation
Schätzung
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lamla, Michael J.
Sarferaz, Samad
- Ereignis
-
Veröffentlichung
- (wer)
-
Philipps-University Marburg, Faculty of Business Administration and Economics
- (wo)
-
Marburg
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Lamla, Michael J.
- Sarferaz, Samad
- Philipps-University Marburg, Faculty of Business Administration and Economics
Entstanden
- 2012
Ähnliche Objekte (12)
Updating inflation expectations
The price is right: Updating of inflation expectations in a randomized price information experiment
Anchored inflation expectations
Effects of Inflation Expectations on Inflation
Do Inflation Expectations Granger Cause Inflation?
Household inflation expectations and inflation dynamics
Fitting observed inflation expectations
Determinants of Inflation Expectations
Inflation expectations in Hungary
European inflation expectations dynamics
Households' probabilistic inflation expectations in high-inflation regimes
Do inflation expectations improve model-based inflation forecasts?
Updating inflation expectations
The price is right: Updating of inflation expectations in a randomized price information experiment
Anchored inflation expectations
Effects of Inflation Expectations on Inflation
Do Inflation Expectations Granger Cause Inflation?
Household inflation expectations and inflation dynamics
Fitting observed inflation expectations
Determinants of Inflation Expectations
Inflation expectations in Hungary
European inflation expectations dynamics
Households' probabilistic inflation expectations in high-inflation regimes
Do inflation expectations improve model-based inflation forecasts?
Updating inflation expectations
The price is right: Updating of inflation expectations in a randomized price information experiment
Anchored inflation expectations
Effects of Inflation Expectations on Inflation
Do Inflation Expectations Granger Cause Inflation?
Household inflation expectations and inflation dynamics
Fitting observed inflation expectations
Determinants of Inflation Expectations
Inflation expectations in Hungary
European inflation expectations dynamics
Households' probabilistic inflation expectations in high-inflation regimes