Why Salience Stays Short: Institutional Trust and the Term Structure of Inflation Expectations

Description

This dataset provides the replication package for the paper “Why Salience Stays Short: Institutional Trust and the Term Structure of Inflation Expectations.” The package contains cleaned analysis files, replication code, and a README file. The replication script reproduces the main fixed-effects estimates, horizon comparisons, country-month fixed-effects robustness checks, salience-persistence checks, appendix tables, figures, and logs. The study uses ECB Consumer Expectations Survey microdata merged with country-month Google Trends measures of price salience.

Steps to reproduce

1. Download and unzip the replication package. 2. Open R or RStudio. 3. Set the working directory to the project root folder or to the code folder. 4. Ensure that the three cleaned analysis files are stored in the data folder. 5. Run code/replication_code_salience_trust_FINAL.R. 6. The script will create output/tables, output/figures, and output/logs. 7. Main manuscript tables, appendix tables, figures, and replication logs are written automatically.

Institutions

• Ajman University

  Ajman, Ajman

Categories

Licence