المستودع الأكاديمي جامعة المدينة

Inflation expectations and inflation uncertainty in the Eurozone : evidence from survey data

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dc.creator Arnold, Ivo J. M.
dc.creator Lemmen, Jan J. G.
dc.date 2006
dc.date.accessioned 2013-10-16T07:03:05Z
dc.date.available 2013-10-16T07:03:05Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19131
dc.identifier ppn:510020402
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19131
dc.description This paper uses the European Commission?s Consumer Survey to assess whether inflation expectations have converged and whether inflation uncertainty has diminished following the introduction of the Euro in Europe. Consumers? responses to the survey suggest that inflation expectations depend more on past national inflation rates than on the ECB?s anchor for price stability. The convergence in inflation expectations does not appear to be faster than the convergence in actual inflation rates. Regarding inflation uncertainty, the data indicate a relationship with country size, suggesting that within EMU, inflation uncertainty may increase in countries that have a smaller influence on ECB policy.
dc.language eng
dc.relation CESifo working papers 1667
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D84
dc.subject E31
dc.subject E58
dc.subject ddc:330
dc.subject monetary union
dc.subject inflation differentials
dc.subject consumer survey
dc.subject Inflationserwartung
dc.subject Inflationsrate
dc.subject Inflationskonvergenz
dc.subject Risiko
dc.subject Schätzung
dc.subject Europäische Wirtschafts- und Währungsunion
dc.subject EU-Staaten
dc.title Inflation expectations and inflation uncertainty in the Eurozone : evidence from survey data
dc.type doc-type:workingPaper


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