Households’ inflation expectations and concern about climate change

Christoph Meinerding, Andrea Poinelli and Yves Schüler

European Journal of Political Economy, 2023, vol. 80, issue C

Abstract: Using survey data from German households, we find that individuals with higher concern about the consequences of climate change have lower inflation expectations up to five years ahead. We show that the link between climate concern and inflation expectations goes above and beyond individuals’ perception of their personal exposures to climate-related risks, their distrust in the central bank, and a broad range of socio-demographic and socio-economic control variables.

Keywords: Climate change; Inflation expectations; Physical risk; Transition risk; Central bank distrust; Household surveys (search for similar items in EconPapers)
JEL-codes: E31 E50 Q54 Q58 (search for similar items in EconPapers)
Date: 2023
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:poleco:v:80:y:2023:i:c:s0176268023000952

DOI: 10.1016/j.ejpoleco.2023.102451

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