1st Edition

Inflation Expectations

Edited By Peter J N Sinclair Copyright 2010
272 Pages 46 B/W Illustrations
by Routledge

272 Pages 46 B/W Illustrations
by Routledge

240 Pages
by Routledge

Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden)... Read more

1. Inflation Expectations: An Introduction Peter Sinclair  2. How Robust are Quantified Data? Evidence from the United States Roy Batchelor  3. Inflation Expectations and Empirical Tests Richard Curtin  4. Heterogeneous Expecattions, Adaptive Learning and Forward-looking Monetary Policy Martin Fukacs  5. Consumer Inflation Expectations: Usefulness of Survey-based Measures – A Cross-Country Survey Ryszard Kokoszczynski, Tomasz Lyziak and Ewa Stanislawska  6. Further Evidence on the Properties of Consumers’ Inflation Expectations in the Euro Area Magnus Forsells and Geoff Kenny  7. Household Versus Expert Forecasts of Inflation: New Evidence from the European Survey Data Christina Geberding  8. The Role of Expectations in the Inflation Process in the Euro Area Maritta Paloviita and Matti Viren  9. The European Consumer and Monetary Policy Jan Marc Berk and Gerbert Hebbink  10. Testing Near-Rationality Using Survey Data Michael Bryan and Stefan Palmqvist  11. 400,000 Observations on Inflation Perceptions and Expectations in the EU: What do They Tell Us? Staffan Linden  12. Finding the Optimal Method of Quantifying Inflation Expectations on the Basis of Qualitative Survey Data Fabien Curto Millet

Biography

Peter Sinclair is Professor of Economics at the University of Birmingham and a former director of the Centre for Central Banking Studies at the Bank of England.