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2015-05-27Buch DOI: 10.18452/4586
The Time-Varying Degree of Inflation Expectations Anchoring
dc.contributor.authorStrohsal, Till
dc.contributor.authorMelnick, Rafi
dc.contributor.authorNautz, Dieter
dc.date.accessioned2017-06-16T01:16:03Z
dc.date.available2017-06-16T01:16:03Z
dc.date.created2015-08-24
dc.date.issued2015-05-27
dc.date.submitted2015-05-27
dc.identifier.issn1860-5664
dc.identifier.urihttp://edoc.hu-berlin.de/18452/5238
dc.description.abstractAbstract: Well-anchored inflation expectations have become a key indicator for the credibility of a central bank’s inflation target. Since the outbreak of the recent financial crisis, the existence and the degree of de-anchoring of U.S. inflation expectations have been under debate. This paper introduces an encompassing time-varying parameter model to analyze the changing degree of U.S. inflation expectations anchoring. We confirm that inflation expectations have been partially de-anchored during the financial crisis. Yet, our results suggest that inflation expectations have been successfully re-anchored ever since.eng
dc.language.isoeng
dc.publisherHumboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät
dc.subjectFinancial Crisiseng
dc.subjectAnchoring of Inflation Expectationseng
dc.subjectBreak-Even Inflation Rateseng
dc.subjectTime-Varying Parametereng
dc.subject.ddc310 Statistik
dc.subject.ddc330 Wirtschaft
dc.titleThe Time-Varying Degree of Inflation Expectations Anchoring
dc.typebook
dc.identifier.urnurn:nbn:de:kobv:11-100231872
dc.identifier.doihttp://dx.doi.org/10.18452/4586
local.edoc.container-titleSonderforschungsbereich 649: Ökonomisches Risiko
local.edoc.pages29
local.edoc.type-nameBuch
local.edoc.container-typeseries
local.edoc.container-type-nameSchriftenreihe
local.edoc.container-volume2015
local.edoc.container-issue28
local.edoc.container-year2015
local.edoc.container-erstkatid2195055-6

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