A choice-based approach to the measurement of inflation expectations

Economists widely rely on measures of inflation expectations and uncertainty elicited via density forecasts. This method, where respondents assign probabilities to pre-specified ranges, has been subjected to criticism particularly in the recent times of high and volatile inflation. We propose a new...

Full description

Bibliographic Details

Main Authors:	Goldfayn-Frank, Olga (Author) , Kieren, Pascal (Author) , Trautmann, Stefan T. (Author)
Format:	Book/Monograph Working Paper
Language:	English
Published:	Frankfurt am Main Deutsche Bundesbank [2025]
Series:	Discussion paper / Deutsche Bundesbank no 2025, 25
In:	Discussion paper (no 2025, 25)
Subjects:	Graue Literatur
Online Access:	Verlag, kostenfrei: https://www.bundesbank.de/resource/blob/967244/2331a1fc11145b07e953eb121908df20/472B63F073F071307366337C94F8C870/2025-10-02-dkp-25-data.pdf Verlag, kostenfrei: https://www.bundesbank.de/en/publications/research/discussion-papers/a-choice-based-approach-to-the-measurement-of-inflation-expectations-967244 Resolving-System, kostenfrei: https://hdl.handle.net/10419/328248
Author Notes:	Olga Goldfayn-Frank, Pascal Kieren, Stefan Trautmann