Sticky information Phillips curves:: european evidence

被引：28

作者：

Doepke, Joerg ^{[1
]}

Dovern, Jonas ^{[2
]}

Fritsche, Ulrich ^{[3
,4
]}

Slacalek, Jiri

机构：

[1] Univ Appl Sci, Dept Econ, Merseburg, Germany

[2] Kiel Inst World Econ, Kiel, Germany

[3] Univ Hamburg, Dept Econ & Polit, Hamburg, Germany

[4] DIW Berlin, Berlin, Germany

来源：

JOURNAL OF MONEY CREDIT AND BANKING | 2008年 / 40卷 / 07期

关键词：

inflation expectations; sticky information; Phillips curve; inflation persistence;

D O I：

10.1111/j.1538-4616.2008.00169.x

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

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, while in Italy, about once each 6 months.

引用

页码：1513 / 1519

页数：7

共 21 条

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[2]

Ball L. N., 1994, MONETARY POLICY

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