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Връзка Между Икономическите Очаквания И Стопанската Динамика В Ес-27
[Linkages Between Expectations and Economic Dynamics in EU-27]

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  • Gerunov, Anton

Abstract

The paper studies the dynamics of economic expectations in the EU member states over the period 01.1998 to 05.2013 with particular focus on consumer confidence, business climate indicators and inflation expectations. We reach the conclusion that expectations do not converge to a uniform value within the EU but rather groups of countries with similar dynamics cluster together. Additionally we explore the factors influencing inflation expectations and defend the thesis that these are dynamically changing which hints at their heterogeneous nature.

Suggested Citation

  • Gerunov, Anton, 2013. "Връзка Между Икономическите Очаквания И Стопанската Динамика В Ес-27 [Linkages Between Expectations and Economic Dynamics in EU-27]," MPRA Paper 68795, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:68795
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    References listed on IDEAS

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    More about this item

    Keywords

    economic expectations; inflation; growth; consumer sentiment;
    All these keywords.

    JEL classification:

    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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