Updating inflation expectations
dc.contributor.author
Lamla, Michael J.
dc.contributor.author
Sarferaz, Samad
dc.date.accessioned
2017-06-22T10:44:35Z
dc.date.available
2017-06-10T12:32:24Z
dc.date.available
2017-06-22T10:44:35Z
dc.date.issued
2012-03
dc.identifier.uri
http://hdl.handle.net/20.500.11850/61494
dc.identifier.doi
10.3929/ethz-a-007154484
dc.description.abstract
This paper investigates how inflation expectations evolve. In particular, we analyze the time-varying nature of the propensity to update expectations and its potential determinants. For this purpose we set up a flexible econometric model that tracks the formation of inflation expectations of consumers at each moment in time. We show that the propensity to update inflation expectations changes substantially over time and is related to the quantity and the quality of news.
en_US
dc.format
application/pdf
dc.language.iso
en
en_US
dc.publisher
KOF Swiss Economic Institute, ETH Zurich
dc.rights.uri
http://rightsstatements.org/page/InC-NC/1.0/
dc.subject
ECONOMETRICS AND ECONOMETRIC MODELS (OPERATIONS RESEARCH)
en_US
dc.subject
Bayesian methods
en_US
dc.subject
WIRTSCHAFTSPROGNOSEN
en_US
dc.subject
ÖKONOMETRIE UND ÖKONOMETRISCHE MODELLE (OPERATIONS RESEARCH)
en_US
dc.subject
MAKROÖKONOMISCHE MODELLE (OPERATIONS RESEARCH)
en_US
dc.subject
Stochastic volatility
en_US
dc.subject
INFLATION
en_US
dc.subject
Disagreement
en_US
dc.subject
Time-varying parameters
en_US
dc.subject
MACROECONOMIC MODELS (OPERATIONS RESEARCH)
en_US
dc.subject
ECONOMIC FORECASTS
en_US
dc.subject
Media coverage
en_US
dc.subject
Inflation expectation formation
en_US
dc.title
Updating inflation expectations
en_US
dc.type
Working Paper
dc.rights.license
In Copyright - Non-Commercial Use Permitted
dc.date.published
2012
ethz.journal.title
KOF Working Papers
ethz.journal.volume
301
en_US
ethz.size
37 p.
en_US
ethz.code.ddc
DDC - DDC::5 - Science::510 - Mathematics
en_US
ethz.code.ddc
DDC - DDC::3 - Social sciences::330 - Economics
en_US
ethz.identifier.nebis
007154484
ethz.publication.place
Zürich
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03716 - Sturm, Jan-Egbert / Sturm, Jan-Egbert
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03716 - Sturm, Jan-Egbert / Sturm, Jan-Egbert
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
ethz.tag
KOF-key-inflation
ethz.date.deposited
2017-06-10T12:33:44Z
ethz.source
ECOL
ethz.source
ECIT
ethz.identifier.importid
imp593650359072835645
ethz.identifier.importid
imp59366b2184c1464229
ethz.ecolpid
eth:5429
ethz.ecitpid
pub:97956
ethz.eth
yes
en_US
ethz.availability
Open access
en_US
ethz.rosetta.installDate
2017-06-22T10:44:37Z
ethz.rosetta.lastUpdated
2023-02-06T14:21:37Z
ethz.rosetta.versionExported
true
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