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A Peer-reviewed scientific articles/A1 Journal article (refereed), original research
      
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Consumer inflation views: micro-level inconsistencies and macro-level measures, Economics Letters September (2021). Stanisławska, Ewa; Paloviita, Maritta; Łyziak, Tomasz


Category A Peer-reviewed scientific articles
Sub-category A1 Journal article (refereed), original research
auki Internal authors
All authors as text Stanisławska, Ewa; Paloviita, Maritta; Łyziak, Tomasz 
Number of authors
Status Published
Year of publication 2021 
Date 17.07.2021 
Name of article Consumer inflation views: micro-level inconsistencies and macro-level measures 
Name of journal Economics Letters
Volume of issue 206 
Number of issue September 
Abstract We assess reliability of aggregate inflation expectations in the European Commission Consumer Survey by identifying individual responses to qualitative and quantitative questions that do not match each other. We provide evidence that micro-level inconsistencies are common in the survey data, but they distort neither the aggregate measures of inflation expectations nor the results of the analysis of expectation formation on the macro-level.
Free text descriptor in Finnish kuluttajat; kuluttajatutkimus; hinnat; inflaatio; odotukset; inflaatio-odotukset; Eurooppa 
Free text descriptor in English consumer survey, inflation expectations, micro-data 
JEL-codes C38, D12, D84, E31 
ISSN / e-ISSN 0165-1765 
auki Internet addresses
Additional information Available online 17 July 2021.
Notes BoF DP 10/2019 
Open Access Not known


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