Sticky Information Phillips Curves: European Evidence

Dovern J, Fritsche U, Slacalek J, Döpke J (2008)

Publication Language: English

Publication Type: Other publication type

Publication year: 2008

Series: ECB Working Paper

Article Number: 930

URI: http://www.ecb.int/pub/pdf/scpwps/ecbwp930.pdf

Abstract

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, in Italy about once each six months.

Authors with CRIS profile

Jonas Dovern Lehrstuhl für Statistik und Ökonometrie

Involved external institutions

Universität Hamburg (UHH) DE Germany (DE) Hochschule Merseburg - University of Applied Sciences DE Germany (DE)

How to cite

APA:

Dovern, J., Fritsche, U., Slacalek, J., & Döpke, J. (2008). Sticky Information Phillips Curves: European Evidence.

MLA:

Dovern, Jonas, et al. Sticky Information Phillips Curves: European Evidence. 2008.

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