The interdependences of central bank’s forecasts and inflation expectations of consumers

Magdalena Szyszko ()
Additional contact information
Magdalena Szyszko: Poznan School of Banking

Bank i Kredyt, 2013, vol. 44, issue 1, 33-66

Abstract: This paper focuses on the relationship between inflation forecast and inflation expectations of households measured on the basis of conducted surveys. Two hypotheses are presented. The first one assumes that there are interdependences between the inflation forecast results and consumers inflation expectations. The second hypothesis implies that the existence of the interdependences between the inflation forecasts and inflation expectations depends neither on detailed solutions in the field of forecasting inflation applied by central banks nor on their attitude towards inflation forecast targeting implementation. The research covers 4 central banks: of the Czech Republic, Hungary, Poland and Romania.

Keywords: inflation forecasts; inflation forecast targeting; inflation expectations (search for similar items in EconPapers)
JEL-codes: E52 E58 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://bankikredyt.nbp.pl/content/2013/01/bik_01_2013_02_art.pdf (application/pdf)

Related works:
Working Paper: The interdependences of central bank’s forecasts and economic agents inflation expectations.Empirical study (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbp:nbpbik:v:44:y:2013:i:1:p:33-66

Access Statistics for this article

More articles in Bank i Kredyt from Narodowy Bank Polski Contact information at EDIRC.
Bibliographic data for series maintained by Wojciech Burjanek ().