@article{pop2016consumer,
  title = {Consumer Inflation Expectations in CEE Countries},
  author = {Raluca-Elena POP},
  year = 2016,
  url = {https://ibimapublishing.com/articles/JESR/2016/400030/},
  journal = {Journal of Economics Studies and Research},
  volume = (2016),
  pages = 16,
  doi = 10.5171/2016.400030,
  abstract = {For a monetary policy that is geared towards maintaining a low and stable level of inflation an assessment of the expected inflation is of crucial importance. Numerical indicators can be obtained from surveys concerning the expectations of various economic agents regarding the future developments of prices.This paper presents the results of different quantification techniques, i.e. the balance statistic, the Carlson-Parkin method and the Pesaran’s regression approach, used to convert qualitative assessments from surveys into quantitative data of inflation expectations for four Central and Eastern European countries with an inflation targeting monetary policy regime: Romania, Czech Republic, Poland and Hungary. The results show an underestimation of actual inflation by the Polish and Czech consumers, while Romanian and Hungarian consumers seem to be more pessimistic, overestimating the actual inflation in a systematic manner},
  keywords = {Survey Data, Quantification Methods, Inflation Expectations},
  note = Article ID: 400030
}
