Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/18464 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorDöpke, Jörgen
dc.contributor.authorDovern, Jonasen
dc.contributor.authorFritsche, Ulrichen
dc.contributor.authorSlacalek, Jirkaen
dc.date.accessioned2009-01-28T15:47:19Z-
dc.date.available2009-01-28T15:47:19Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/10419/18464-
dc.description.abstractWe investigate the relevance of the Carroll?s sticky information model of inflation expectations for four major European economies (France, Germany, Italy and the United Kingdom). Using survey data on household and expert inflation expectations we argue that the model adequately captures the dynamics of household inflation expectations. We estimate two alternative parametrizations of the sticky information model which differ in the stationarity assumptions about the underlying series. Our baseline stationary estimation suggests that the average frequency of information updating for the European households is roughly once in 18 months. The vector error-correction model implies households update information about once a year.en
dc.language.isoengen
dc.publisher|aDeutsches Institut für Wirtschaftsforschung (DIW) |cBerlinen
dc.relation.ispartofseries|aDIW Discussion Papers |x571en
dc.subject.jelE31en
dc.subject.jelD84en
dc.subject.ddc330en
dc.subject.keywordInflation expectationsen
dc.subject.keywordsticky informationen
dc.subject.keywordinflation persistenceen
dc.titleThe Dynamics of European Inflation Expectations-
dc.typeWorking Paperen
dc.identifier.ppn51148318Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:diw:diwwpp:dp571en

Datei(en):
Datei
Größe
301.86 kB





Publikationen in EconStor sind urheberrechtlich geschützt.