First-order and higher-order inflation expectations: evidence about households and firms

We study first-order and higher-order inflation expectations of German households and firms elicited from surveys. The data allows to shed light on the relation between different orders of beliefs, and to derivate implications for noisy-information models with infinite regress. Moreover, since the e...

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Bibliographic Details

Main Authors:	Kieren, Pascal (Author) , König-Kersting, Christian (Author) , Schmidt, Robert J. (Author) , Trautmann, Stefan T. (Author) , Theurich, Franziska (Author)
Format:	Book/Monograph Working Paper
Language:	English
Published:	Innsbruck, Austria Faculty of Economics and Statistics, University of Innsbruck 5 Juliy 2023
Series:	Working papers in economics and statistics 2023, 10
In:	Working papers in economics and statistics (2023, 10)
Subjects:	Graue Literatur
Online Access:	Verlag, Volltext: https://www2.uibk.ac.at/downloads/c9821000/wpaper/2023-10.pdf Verlag, Volltext: https://econpapers.repec.org/RePEc:inn:wpaper:2023-10 Resolving-System, kostenfrei: https://hdl.handle.net/10419/278557
Author Notes:	Pascal Kieren, Christian König-Kersting, Robert Schmidt, Stefan Trautmann, Franziska Heinicke