Determinants of Inflation Expectations in the Euro Area

Abstract Euro area inflation has been rising strongly in the wake of the COVID-19 pandemic, giving rise to concerns that there could be second-round effects, with higher inflation leading to higher inflation expectations, which in turn lead to higher inflation. This could result in more persistent r...

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Main Author: Richhild Moessner
Format: Article
Language:English
Published: Springer 2022-04-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-022-1037-6
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author Richhild Moessner
author_facet Richhild Moessner
author_sort Richhild Moessner
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description Abstract Euro area inflation has been rising strongly in the wake of the COVID-19 pandemic, giving rise to concerns that there could be second-round effects, with higher inflation leading to higher inflation expectations, which in turn lead to higher inflation. This could result in more persistent rises in inflation.
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publisher Springer
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spelling doaj-art-d9f50c9214f141abbc304e5317025d092025-01-17T08:34:13ZengSpringerIntereconomics1613-964X2022-04-015729910210.1007/s10272-022-1037-6Determinants of Inflation Expectations in the Euro AreaRichhild Moessner0Monetary and Economic Department, Bank for International SettlementsAbstract Euro area inflation has been rising strongly in the wake of the COVID-19 pandemic, giving rise to concerns that there could be second-round effects, with higher inflation leading to higher inflation expectations, which in turn lead to higher inflation. This could result in more persistent rises in inflation.https://doi.org/10.1007/s10272-022-1037-6
spellingShingle Richhild Moessner
Determinants of Inflation Expectations in the Euro Area
Intereconomics
title Determinants of Inflation Expectations in the Euro Area
title_full Determinants of Inflation Expectations in the Euro Area
title_fullStr Determinants of Inflation Expectations in the Euro Area
title_full_unstemmed Determinants of Inflation Expectations in the Euro Area
title_short Determinants of Inflation Expectations in the Euro Area
title_sort determinants of inflation expectations in the euro area
url https://doi.org/10.1007/s10272-022-1037-6
work_keys_str_mv AT richhildmoessner determinantsofinflationexpectationsintheeuroarea