Sticky Information Phillips Curves: European Evidence

Jörg Döpke, Jonas Dovern, Ulrich Fritsche and Jiri Slacalek

No 615, Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research

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.

Keywords: Inflation expectations; sticky information; Phillips curve; inflation persistence (search for similar items in EconPapers)
JEL-codes: D84 E31 (search for similar items in EconPapers)
Pages: 8 p.
Date: 2006
New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
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Citations: View citations in EconPapers (3)

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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 (2008)
Working Paper: Sticky Information Phillips Curves: European Evidence (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:diw:diwwpp:dp615

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