Dimensions and Determinants of Inflation Anchoring
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Dimensions and Determinants of Inflation Anchoring
Beckmann, Joscha | Czudaj, Robert L.
Vierteljahrshefte zur Wirtschaftsforschung, Vol. 92 (2023), Iss. 2 : pp. 31–44
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Joscha Beckmann, FernUniversit¨at in Hagen, Faculty of Business Administration and Economics, Chair for Macroeconomics, Universit¨atsstr. 11, D-58097 Hagen, Germany, and Kiel Institute for the World Economy, Hindenburgufer 66, D-24105 Kiel, Germany.
- Joscha Beckmann, Prof. Dr., ist seit 2021 Professor für Makroökonomie an der FernUniversität Hagen. Zuvor war er als Professor für Geld und Währung an der Universität Greifswald tätig. Er ist auch mit dem Institut für Weltwirtschaft in Kiel affiliert. Seine Forschungsinteressen liegen in den Bereichen Geld und Währung sowie angewandte Ökonometrie.
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Robert L. Czudaj, Technical University Bergakademie Freiberg, Faculty of Economics and Business, Chair for Economics, in particular (Monetary) Macroeconomics, Schloßplatz 1, D-09599 Freiberg, Germany, , phone: (0049)-3731 – 39 – 2030, fax: (0049)-3731 – 39 – 174092.
- Robert L. Czudaj, Prof. Dr., ist Inhaber des Lehrstuhls für Allgemeine Volkswirtschaftslehre, insbesondere (monetäre) Makroökonomie an der Technischen Universität Bergakademie Freiberg. Zuvor war er in unterschiedlichen Positionen an der Ludwig-Maximilians-Universität München, der Technischen Universität Chemnitz und der Universität Duisburg-Essen tätig. Zu seinen Forschungsinteressen gehören Makroökonomik, Geldpolitik, Finanzmärkte, Wechselkurse sowie angewandte Ökonometrie. Er hat zahlreiche Artikel in international renommierten Fachzeitschriften wie dem European Economic Review, dem Journal of Economic Behavior & Organization und dem Journal of International Money and Finance veröffentlicht und ist Mitherausgeber der Fachzeitschrift International Economics and Economic Policy. Für mehr Informationen, siehe: https://sites.google.com/site/robertczudaj/
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Cited By
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Expectation formation and the Phillips curve revisited
Czudaj, Robert L.
(2024) P.1
https://doi.org/10.1017/S1365100524000051 [Citations: 0]
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Abstract
This paper focuses on dimensions and drivers of survey-based measures of inflation anchoring based on a panel of 82 economies over a period from 1995 to 2022. We show that different dimensions of inflation anchoring exhibit a strong co-movement but that standard deviation of inflation forecasts partly displays distinctive dynamics. We find that a weak link between anchoring and impossible trinity indexes mostly reflects variations in realized inflation.