Consumer inflation views: Micro-level inconsistencies and macro-level measures

C-Tier
Journal: Economics Letters
Year: 2021
Volume: 206
Issue: C

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We provide evidence that inconsistent micro-level survey responses regarding inflation expectations are common in the European Commission Consumer Survey, but they distort neither the aggregate measures of inflation expectations nor the results of the analysis of expectation formation on the macro-level.

Technical Details

RePEc Handle
repec:eee:ecolet:v:206:y:2021:i:c:s0165176521002810
Journal Field
General
Author Count
3
Added to Database
2026-01-25