Arbeitspapier
Determinants of Inflation Expectations
This paper analyses the determinants of short-term inflation expectations based on surveys of professionals, using dynamic cross-country panel estimation for a large number of 34 OECD economies. We find that food consumer price inflation and depreciations of the domestic exchange rate have significant positive effects on professionals' survey-based inflation expectations. Moreover, core consumer price inflation and the output gap have significant positive effects.
- Sprache
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Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 9485
- Klassifikation
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Wirtschaft
Monetary Policy
Central Banks and Their Policies
- Thema
-
inflation expectations
inflation
food prices
exchange rates
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Moessner, Richhild
- Ereignis
-
Veröffentlichung
- (wer)
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Center for Economic Studies and ifo Institute (CESifo)
- (wo)
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Munich
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
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20.09.2024, 08:22 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Moessner, Richhild
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2021