Universidad Complutense de Madrid
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Inflation, real economic growth and unemployment expectations: An empirical analysis based on the ECB Survey of Professional Forecasters

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Ramos-Herrera, María del Carmen and Sosvilla-Rivero, Simón (2017) Inflation, real economic growth and unemployment expectations: An empirical analysis based on the ECB Survey of Professional Forecasters. [ Working Papers on International Economics and Finance; nº 17-02, ISSN: 1696-6376 ]

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Abstract

Expectations are at the centre of modern macroeconomic theory and policymakers. In this paper, we examine the predictive ability and the consistency properties of macroeconomic expectations using data of the European Central Bank (ECB) Survey of Professional Forecasters (SPF).


Item Type:Working Paper or Technical Report
Uncontrolled Keywords:Inflation; Real economic growth; Unemployment; Expectations; Euro area.
Subjects:Social sciences > Economics > World economy
Social sciences > Economics > Finance
Social sciences > Economics > Macroeconomics
JEL:F31, E31, D84
Series Name:Working Papers on International Economics and Finance
Volume:
Number:17-02
ID Code:59384
Deposited On:04 Mar 2020 10:53
Last Modified:04 Mar 2020 15:23

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