References
- Batchelor, R. A., Orr, A. B. (1988). Inflation Expectations Revisited. Economica, 55(219), 317–331. doi:10.2307/2554010.
- Beckmann, J., Belke, A., Dubova, I. (2022). What drives updates of inflation expectations? A Bayesian VAR analysis for the G-7 countries. The World Economy, 45(9), 2748–2765. doi:10.1111/twec.13241.
- Berk, J. M. (1999). Measuring inflation expectations: a survey data approach. Applied Economics, 31(11), 1467–1480. doi:10.1080/000368499323337.
- Berk, J. M. (2002). Consumers’ inflation expectations and monetary policy in Europe. Contemporary Economic Policy, 20(2), 122–132. doi:10.1093/cep/20.2.122.
- Bulut, U. (2018). Inflation Expectations in Turkey: Determinants and Roles in Missing Inflation Targets. Journal of Central Banking Theory and Practice, 7(3), 73–90. doi:10.24 78/jcbtp-2018-0024.
- Candia, B., Coibion, O., Gorodnichenko, Y. (2023). The macroeconomic expectations of firms. In Bachmann, R.; Topa, G.; van der Klaauw, W. (eds.). Handbook of Economic Expectations. 321–353. doi:10.1016/b978-0-12-822927-9.00018-5.
- Carlson, J. A., Parkin, M. (1975). Inflation Expectations. Economica, 42(166), 123–138. doi:10.2307/2553588.
- Carroll, C. D. (2003). Macroeconomic Expectations of Households and Professional Forecasters. The Quarterly Journal of Economics, 118(1), 269–298. doi:10.1162/00335530 360535207.
- Cerisola, M., Gelos, G. (2009). What drives inflation expectations in Brazil? An empirical analysis. Applied Economics, 41(10), 1215–1227. doi:10.1080/00036840601166892.
- Coibion, O., Gorodnichenko, Y., Kumar, S. (2018). How Do Firms Form Their Expectations? New Survey Evidence. American Economic Review, 108(9), 2671–2713. doi:10.12 57/aer.20151299.
- Cornea-Madeira, A., Madeira, J. (2022). Econometric analysis of switching expectations in UK inflation. Oxford Bulletin of Economics and Statistics, 84(3), 651–673. doi:10.1111/obes.12479.
- D’Acunto, F., Malmendier, U., Weber, M. (2023). What do the data tell us about inflation expectations? In Bachmann, R.; Topa, G.; van der Klaauw, W. (eds.). Handbook of Economic Expectations. 133–161. doi:10.1016/b978-0-12-822927-9.00012-4.
- Evans, G. W., Honkapohja, S. (2001). Learning and Expectations in Macroeconomics. Princeton University Press.
- Fritzer, F., Rumler, F. (2015). Determinants of inflation perceptions and expectations: An empirical analysis for Austria. Monetary Policy & The Economy, 1, 11–26.
- George, E. I. (2010). Dilution priors: Compensating for model space redundancy. In Borrowing Strength: Theory Powering Applications – A Festschrift for Lawrence D. Brown (pp. 158–165). doi:10.1214/10-imscoll611.
- Hommes, C. (2011). The heterogeneous expectations hypothesis: Some evidence from the lab. Journal of Economic Dynamics and Control, 35(1), 1–24. doi:10.1016/j.jedc.2010.10.003.
- Lamnisos, D., Griffin, J. E., Steel, M. F. J. (2009). Transdimensional Sampling Algorithms for Bayesian Variable Selection in Classification Problems With Many More Variables Than Observations. Journal of Computational and Graphical Statistics, 18(3), 592–612. doi:10.1198/jcgs.2009.08027.
- Lamnisos, D., Griffin, J. E., Steel, M. F. J. (2013). Adaptive Monte Carlo for Bayesian Variable Selection in Regression Models. Journal of Computational and Graphical Statistics, 22(3), 729–748. doi:10.1080/10618600.2012.694756.
- Łyziak, T. (2010). Measurement of perceived and expected inflation on the basis of consumer survey data. IFC Working Papers, 5, 1–25. Retrieved January, 2, 2025, from https://www.bis.org/ifc/publ/ifcwork05.htm.
- Łyziak, T. (2012). Inflation expectations in Poland. National Bank of Poland Working Paper, 115.
- Łyziak, T. (2013). Formation of Inflation Expectations by Different Economic Agents: The Case of Poland. Eastern European Economics, 51(6), 5–33. doi:10.2753/eee0012-87755 10601.
- Mankiw, N. G., Reis, R. (2002). Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve. The Quarterly Journal of Economics, 117(4), 1295–1328. doi:10.1162/003355302320935034.
- Mankiw, N. G., Reis, R., Wolfers, J. (2003). Disagreement about Inflation Expectations. NBER Macroeconomics Annual, 18, 209–248. doi:10.1086/ma.18.3585256.
- Messner, T., Rumler, F. (2023). Inflation expectations of Austrian households and firms amid high inflation. Monetary Policy & The Economy, 1, 55–66.
- Moessner, R. (2022). Determinants of Inflation Expectations in the Euro Area. Intereconomics, 57(2), 99–102. doi:10.1007/s10272-022-1037-6.
- Netšunajev, A., Winkelmann, L. (2014). Inflation expectations spillovers between the United States and euro area. SFB 649 Discussion Paper No. 2014-023. Retrieved January, 2, 2025, from https://www.econstor.eu/handle/10419/103802.
- Pfajfar, D., Santoro, E. (2010). Heterogeneity, learning and information stickiness in inflation expectations. Journal of Economic Behavior & Organization, 75(3), 426–444. doi:10. 1016/j.jebo.2010.05.012.
- Picault, M., Pinter, J., Renault, T. (2022). Media sentiment on monetary policy: Determinants and relevance for inflation expectations. Journal of International Money and Finance, 124, 102626. doi:10.1016/j.jimonfin.2022.102626.
- Ueda, K. (2010). Determinants of households’ inflation expectations in Japan and the United States. Journal of the Japanese and International Economies, 24(4), 503–518. doi:10.1016/j.jjie.2010.06.002.
- Weber, A. (2007). Heterogeneous expectations, learning and European inflation dynamics. In Cobham, D., Eitrheim, Ø., Gerlach, S.; Qvigstad, J. F. Twenty Years of Inflation Targeting (Lessons Learned and Future Prospects). Cambridge University Press. 261–305.
- Weber, M., D’Acunto, F., Gorodnichenko, Y., Coibion, O. (2022). The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications. Journal of Economic Perspectives, 36(3), 157–184. doi:10.1257/jep.36.3.157.