Browsing Τμήμα Οικονομικών / Department of Economics by Subject "Beliefs"

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    • Article  

      Inflation Expectations and Monetary Policy Surprises 

      Eminidou, Snezana; Zachariadis, Marios; Andreou, Elena (Wiley, 2020-01)
      We estimate monetary policy surprises for European consumers over time, based on monetary policy changes that were unanticipated according to consumers’ stated beliefs. We find that such monetary policy surprises have the ...
    • Working Paper  

      Inflation expectations and monetary policy surprises 

      Andreou, Elena; Eminidou, Snezana; Zachariadis, Marios (2017-01)
      We use monthly data across fifteen euro-area economies for the period 1985:1-2015:3 to obtain monetary policy changes that can be regarded as surprises for different types of consumers. A novel feature of our empirical ...