Households' inflation expectations and concern about climate change

被引:0
|
作者
Meinerding, Christoph [1 ]
Poinelli, Andrea [1 ]
Schueler, Yves [1 ]
机构
[1] Deutsch Bundesbank, Postfach 10 06 02, D-60006 Frankfurt, Germany
关键词
Climate change; Inflation expectations; Physical risk; Transition risk; Central bank distrust; Household surveys; CENTRAL BANK; DETERMINANTS; PERCEPTIONS; TRUST;
D O I
10.1016/j.ejpoleco.2023.102451
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using survey data from German households, we find that individuals with higher concern about the consequences of climate change have lower inflation expectations up to five years ahead. We show that the link between climate concern and inflation expectations goes above and beyond individuals' perception of their personal exposures to climate-related risks, their distrust in the central bank, and a broad range of socio-demographic and socio-economic control variables.
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页数:15
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