• 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 ...