Consumer Inflation Views: Micro-Level Inconsistencies And Macro-Level Measures

Ewa Stanislawska,Maritta Paloviita,Tomasz Lyziak

ECONOMICS LETTERS（2021）

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摘要

We provide evidence that inconsistent micro-level survey responses regarding inflation expectations are common in the European Commission Consumer Survey, but they distort neither the aggregate measures of inflation expectations nor the results of the analysis of expectation formation on the macro-level. (C) 2021 Elsevier B.V. All rights reserved.

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关键词

Consumer survey, Inflation expectations, Micro-data

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