KOF Working Papers


This paper investigates how inflation expectations evolve. In particular, we analyze the time-varying nature of the propensity to update expectations and its potential determinants. For this purpose we set up a flexible econometric model that tracks the formation of inflation expectations of consumers at each moment in time. We show that the propensity to… (More)


Cite this paper

@inproceedings{Lamla2010KOFWP, title={KOF Working Papers}, author={Michael J. Lamla and Samad Sarferaz and Christopher Carroll and Martin Ellison and Thomas Maag}, year={2010} }