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

Ewa Stanisławska, Maritta Paloviita and Tomasz Łyziak

Economics Letters, 2021, vol. 206, issue C

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.

Keywords: Consumer survey; Inflation expectations; Micro-data (search for similar items in EconPapers)
JEL-codes: C38 D12 D84 E31 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:206:y:2021:i:c:s0165176521002810

DOI: 10.1016/j.econlet.2021.110004

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