Trend Inflation and Inflation Compensation

Trend Inflation and Inflation Compensation
This paper incorporates market-based inflation expectations to the growing literature on trend inflation estimation, and finds that there has been a significant decline in euro area trend inflation since 2013. This finding is robust to using different measures of long-term inflation expectations in the estimation, both market-based and surveys.... READ MORE...

Publication date: July 2018
ISBN 9781484362402
$18.00

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