Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/22228
Authors: 
Nielsen, Hannah
Year of Publication: 
2003
Series/Report no.: 
Discussion papers of interdisciplinary research project 373 2003,13
Abstract: 
Inflation expectations are extracted from the Consumer Survey, which is conducted by the European Commission for the European Union. Using the probability method to quantify the qualitative answers different distribution functions and scaling parameters are assumed to cope with the properties of the data properly. The forecasting ability of respective series is assessed also compared to the balance statistic. Furthermore the time horizon of the survey participants while answering the questionnaire is analyzed, because the empirical results show that it might not coincide with the time horizon implied by the formulation of the question.
Subjects: 
Inflation expectations
survey data
quantification methods
JEL: 
C22
E58
C42
E37
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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