| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11306 |
| DP11306 Inflation expectations and monetary policy in Europe | |
| Elena Andreou | |
| 发表日期 | 2016-06-01 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | We use monthly data across fifteen euro-area economies for the period 1985:1-2015:3 to obtain different monetary policy shocks pertaining to more versus less informed individuals. We then investigate how these affect inflation expectations of different types of consumers before and after the incidence of the recent Crisis. Shocks obtained based on the assumption that individuals are well informed can have different impact on inflation expectations as compared to shocks obtained based on the assumption that they are not as informed. Moreover, monetary policy can have different effects on inflation expectations for different types of consumers. Finally, monetary policy has different effects on inflation expectations after as compared to before the incidence of the recent Crisis. |
| 主题 | Financial Economics ; Monetary Economics and Fluctuations |
| 关键词 | Inflation expectations monetary policy Shocks Crisis |
| URL | https://cepr.org/publications/dp11306 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540122 |
| 推荐引用方式 GB/T 7714 | Elena Andreou. DP11306 Inflation expectations and monetary policy in Europe. 2016. |
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