IDEAS home Printed from https://ideas.repec.org/a/mes/eaeuec/v57y2019i4p271-294.html
   My bibliography  Save this article

Inflation Expectations of European Consumers after the Crisis. Do Macro Variables Drive Expectations?

Author

Listed:
  • Magdalena Szyszko
  • Aleksandra Rutkowska

Abstract

This article examines the relationship between consumer expectations and macro variables. The research covers five EU member states: Croatia, the Czech Republic, Hungary, Poland, and Romania in the period from 2011 to 2015. Its aim is to find long-run dependence of expectations and financial and real sphere variables in the post-crisis era. No previous studies for this sample and time span exist: this paper contributes to the strand of the literature detecting formation patterns of expectations. VAR/VEC models are estimated in order to trace impulse response to expectations. Five different stories have been found about expectation formation for each economy.

Suggested Citation

  • Magdalena Szyszko & Aleksandra Rutkowska, 2019. "Inflation Expectations of European Consumers after the Crisis. Do Macro Variables Drive Expectations?," Eastern European Economics, Taylor & Francis Journals, vol. 57(4), pages 271-294, July.
    • Handle: RePEc:mes:eaeuec:v:57:y:2019:i:4:p:271-294
    DOI: 10.1080/00128775.2019.1610896
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00128775.2019.1610896
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00128775.2019.1610896?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Szyszko, Magdalena & Rutkowska, Aleksandra & Kliber, Agata, 2022. "Do words affect expectations? The effect of central banks communication on consumer inflation expectations," The Quarterly Review of Economics and Finance, Elsevier, vol. 86(C), pages 221-229.
    2. Katharina Allinger & Fabio Rumler, 2023. "Inflation Expectations in CESEE: The Role of Sentiment and Experiences (Katharina Allinger, Fabio Rumler)," Working Papers 247, Oesterreichische Nationalbank (Austrian Central Bank).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:eaeuec:v:57:y:2019:i:4:p:271-294. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MEEE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.