Sticky information Phillips curves: European evidence

Jiri Slacalek, Jörg Döpke, Jonas Dovern and Ulrich Fritsche

No 930, Working Paper Series from European Central Bank

Abstract: We estimate the sticky information Phillips curve model of Mankiw and Reis (2002) using survey expectations of professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and the United Kingdom are updated about once a year, in Italy about once each six months. JEL Classification: E62, H20, H50, H62

Keywords: inflation expectations; inflation persistence; Phillips curve; sticky information (search for similar items in EconPapers)
Date: 2008-09
Note: 1111765
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (39)

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Related works:
Journal Article: Sticky Information Phillips Curves: European Evidence (2008)
Journal Article: Sticky Information Phillips Curves: European Evidence (2008)
Working Paper: Sticky Information Phillips Curves: European Evidence (2006)
Working Paper: Sticky Information Phillips Curves: European Evidence (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbwps:2008930

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