Arbeitspapier

Sticky Information Phillips Curves: European Evidence

We estimate the sticky information Phillips curve model ofMankiw and Reis (2002) using survey expectations of professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and the United Kingdom are updated about once a year, in Italy about once each six months.

Language
Englisch

Bibliographic citation
Series: DEP (Socioeconomics) Discussion Papers - Macroeconomics and Finance Series ; No. 4/2006

Classification
Wirtschaft
Expectations; Speculations
Price Level; Inflation; Deflation
Subject
Inflation expectations
sticky information
Phillips curve
inflation persistence

Event
Geistige Schöpfung
(who)
Dovern, Jonas
Doepke, Joerg
Fritsche, Ulrich
Slacalek, Jirka
Event
Veröffentlichung
(who)
Hamburg University, Department Economics and Politics
(where)
Hamburg
(when)
2006

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Dovern, Jonas
  • Doepke, Joerg
  • Fritsche, Ulrich
  • Slacalek, Jirka
  • Hamburg University, Department Economics and Politics

Time of origin

  • 2006

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