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VERSION:2.0
PRODID:-//AMSE//Event Calendar//FR
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UID:event-11725@www.amse-aixmarseille.fr
DTSTAMP:20260414T081231Z
CREATED:20260414T081231Z
LAST-MODIFIED:20260414T081231Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:amse seminar - Erwan Gautier
DTSTART:20250224T103000Z
DTEND:20250224T114500Z
DESCRIPTION:Using a new survey of French firms’ inflation expectations th
 at predates the inflation spike\, we study how the inflation expectations 
 and own-wage expectations of firms evolved as the inflation environment ch
 anged. We show that inflation expectations under-responded to the initial 
 surge but then persistently overshot actual inflation dynamics. As inflati
 on rose\, firms initially perceived inflation to be less persistent than in
  previous years\, an effect that dissipated over time. Their wage expectat
 ions became increasingly disconnected from their aggregate inflation expec
 tations during the high inflation era\, and the pass-through of both price 
 and wage inflation expectations into firms’ actual prices and\, to a les
 ser extent\, to employment. This suggests that the scope for wage-price sp
 irals is likely more limited than one might have expected from the surge in
  inflation and inflation expectations.\\n\\nContact: Nicolas Clootens: nic
 olas.clootens[at]univ-amu.frRomain Ferrali: romain.ferrali[at]univ-amu.fr\n
 \nPlus d'informations: https://www.amse-aixmarseille.fr/en/events/erwan-gau
 tier-0
LOCATION:Îlot Bernard du Bois - Amphithéâtre\, AMU - AMSE\, 5-9 boulevar
 d Maurice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://www.amse-aixmarseille.fr/en/events/erwan-gautier-0
CONTACT:Nicolas Clootens: nicolas.clootens[at]univ-amu.frRomain Ferrali: ro
 main.ferrali[at]univ-amu.fr
TRANSP:OPAQUE
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