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Sticky Information Phillips Curves: European Evidence
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Journal Article
Sticky Information Phillips Curves: European Evidence
2008
Overview
We estimate the Sticky Information Phillips Curve model of Mankiw and Reis (2002) using survey expectations of professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany, and the United Kingdom are updated about once a year, while in Italy, about once each 6 months.
Publisher
Blackwell Publishing Inc,Blackwell Publishing,John Wiley & Sons, Inc,Ohio State University Press
Subject
