Examples of economic analysis - the Generation ?uro Students' Award
Examples of economic analysis - the Generation ?uro Students' Award
Examples of economic analysis - the Generation ?uro Students' Award
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3.0<br />
2.8<br />
2.6<br />
2.4<br />
2.2<br />
2.0<br />
1.8<br />
Example: Long-term inflation expectations from surveys<br />
and break-even inflation rates (role <strong>of</strong> credibility)<br />
5-year forward 5 years ahead BEIR<br />
5-year I/L swap rate 5 years ahead<br />
ECB Survey <strong>of</strong> Pr<strong>of</strong>essional Forecasters (long-term)<br />
3.0<br />
2.8<br />
2.6<br />
2.4<br />
2.2<br />
2.0<br />
1.8<br />
1.6<br />
1.6<br />
Jan-08<br />
Apr-08<br />
Jul-08<br />
Oct-08<br />
Jan-09<br />
Apr-09<br />
Jul-09<br />
Oct-09<br />
Jan-10<br />
Apr-10<br />
Jul-10<br />
Oct-10<br />
Jan-11<br />
Apr-11<br />
Jul-11<br />
Sources: ECB and Reuters.<br />
Latest observation: BEIR and I/L swaps – 8 September 2011 and 2011Q3 SPF – July 2011.
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