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Owner-occupied housing costs, policy communication, and inflation expectations

Author

Listed:
  • Joris Wauters

    (National Bank of Belgium)

  • Zivile Zekaite

    (Central Bank of Ireland)

  • Garo Garabedian

    (Central Bank of Ireland)

Abstract

The ECB concluded its strategy review in 2021 with a plan to include owner-occupied housing (OOH) costs in its inflation measure in the future. This presentation uses the Bundesbank's online household panel to study how household expectations would react to this change. We conducted a survey experiment with different information treatments and compared long-run expectations for Euro-area overall in

Suggested Citation

  • Joris Wauters & Zivile Zekaite & Garo Garabedian, 2024. "Owner-occupied housing costs, policy communication, and inflation expectations," French Stata Users' Group Meetings 2024 11, Stata Users Group.
  • Handle: RePEc:boc:fsug24:11
    as

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    File URL: http://repec.org/frsug2024/France24_Wauters.pdf
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    References listed on IDEAS

    as
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    More about this item

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General

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