Journal article | Zeitschriftenartikel
Inflation expectations in the Euro area: are consumers rational?
In this paper, we propose a quantitative measure for inflation expectations based on consumer survey data. Thereafter, we proceed to testing the rationality assumption. This issue is of noteworthy interest in its own as it is commonly assumed in the theoretical modelling literature that the rational expectations hypothesis holds. This analysis is conducted for the euro area as a whole, as well as for several member countries, using a sample covering the last two decades. Moreover, we also assess if the conclusions hold when one focuses on the post-euro introduction period.
- Umfang
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Seite(n): 591-607
- Sprache
-
Englisch
- Anmerkungen
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Status: Postprint; begutachtet (peer reviewed)
- Erschienen in
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Review of World Economics, 146(3)
- Thema
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Wirtschaft
Wirtschaftsstatistik, Ökonometrie, Wirtschaftsinformatik
Volkswirtschaftslehre
- Ereignis
-
Geistige Schöpfung
- (wer)
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Dias, Francisco
Duarte, Cláudia
Rua, António
- Ereignis
-
Veröffentlichung
- (wo)
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Deutschland
- (wann)
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2010
- DOI
- URN
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urn:nbn:de:0168-ssoar-251318
- Rechteinformation
-
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Letzte Aktualisierung
-
21.06.2024, 16:26 MESZ
Datenpartner
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Objekttyp
- Zeitschriftenartikel
Beteiligte
- Dias, Francisco
- Duarte, Cláudia
- Rua, António
Entstanden
- 2010
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