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Sticky Information Phillips Curves: European Evidence

Jonas Dovern (), Joerg Doepke (), Ulrich Fritsche () and Jiri Slacalek ()
Additional contact information
Joerg Doepke: Fachhochschule Merseburg

Authors registered in the RePEc Author Service: Jörg Döpke

No 200604, Macroeconomics and Finance Series from University of Hamburg, Department of Socioeconomics

Abstract: We estimate the sticky information Phillips curve model ofMankiw 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)
New Economics Papers: this item is included in nep-cba, nep-eec and nep-mac
Date: 2006-10
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https://www.wiso.uni-hamburg.de/repec/hepdoc/macppr_4_2006.pdf First version, 2006 (application/pdf)

Related works:
Journal Article: Sticky Information Phillips Curves: European Evidence (2008) Downloads
Working Paper: Sticky information Phillips curves: European evidence (2008) Downloads
Working Paper: Sticky Information Phillips Curves: European Evidence (2006) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:hep:macppr:200604

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