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Michal Marenčák

National Bank of Slovakia

Imricha Karvasa 1

813 25 Bratislava

Slovakia

SCHOLARLY PAPERS

9

DOWNLOADS

719

TOTAL CITATIONS

4

Scholarly Papers (9)

1.

Inflation Perceptions and Monetary Policy

Number of pages: 62 Posted: 06 Jan 2025 Last Revised: 12 Mar 2026
Volker Hahn and Michal Marenčák
University of Konstanz and National Bank of Slovakia
Downloads 201 (405,402)

Abstract:

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bounded rationality, inflation perceptions, monetary-policy transmission, optimal monetary policy

2.

Personal Inflation Rates in the Euro Area

Number of pages: 41 Posted: 28 Feb 2025 Last Revised: 23 Sep 2025
Michal Marenčák and Giang Nghiem
National Bank of Slovakia and Leibniz Universität Hannover
Downloads 152 (488,442)

Abstract:

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Personal inflation rate, Expectations, Consumer Expectations C33, Inflation heterogeneity, Consumption

3.

Elasticity of Intertemporal Substitution in the Euro Area

Number of pages: 34 Posted: 06 Aug 2024
Michal Marenčák and Giang Nghiem
National Bank of Slovakia and Leibniz Universität Hannover
Downloads 83 (790,029)

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inflation, expectations, consumption, intertemporal elasticity of substitution, Euler equation, Consumer Expectations Survey. JEL: D12, D15, D84, E21, D12

4.

Price Points and Price Dynamics

Number of pages: 43 Posted: 01 Feb 2018 Last Revised: 06 Feb 2018
Volker Hahn and Michal Marenčák
University of Konstanz and National Bank of Slovakia
Downloads 79 (809,932)
Citation 3

Abstract:

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price stickiness, price point, sticky information

5.

State-dependent inflation expectations and consumption attitudes

Number of pages: 50 Posted: 20 Dec 2023 Last Revised: 24 Sep 2025
Michal Marenčák
National Bank of Slovakia
Downloads 75 (875,328)

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inflation, expectations, consumption, savings, survey micro data

6.

The Green Transition and Households' Macroeconomic Expectations: A Survey Experiment *

Number of pages: 40 Posted: 02 Dec 2025
Tjantana Barro, Michal Marenčák and Giang Nghiem
University of Konstanz, National Bank of Slovakia and Leibniz Universität Hannover
Downloads 67 (924,743)

Abstract:

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Climate Change, Expectations, Survey Experiments, RCT

7.

Trend Inflation and an Empirical Test of Real Rigidities

Number of pages: 49 Posted: 14 Jun 2022
Michal Marenčák
National Bank of Slovakia
Downloads 38 (1,236,159)
Citation 1

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trend inflation, real rigidity, Calvo pricing, price dispersion, monetary policy, inflation persistence

8.

Heterogeneity in Consumers' Economic Expectations across Euro Area Countries

Number of pages: 79 Posted: 20 Jun 2026
Lena Dräger, Michal Marenčák, Giang Nghiem and Maritta Paloviita
Leibniz University Hannover, National Bank of Slovakia, Leibniz Universität Hannover and Bank of Finland - Research
Downloads 17

Abstract:

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Country heterogeneity, Expectations, Consumer Expectations Survey

9.

Inflation Attention Thresholds Before and After the Inflation Peak

Number of pages: 15 Posted: 08 Jul 2026
Ondrej Kusenda and Michal Marenčák
National Bank of Slovakia and National Bank of Slovakia
Downloads 7

Abstract:

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Inflation Expectations, Attention Threshold, Rational Inattention, Disinflation, Google Trends, GDELT