Inflation illiteracy: A micro-data analysis

Survey data indicate that a relatively large share of households is ill-informed about the rate of inflation in the economy, with perceived and expected rates of inflation deviating substantially from official measures. Using Swedish micro-level data, we find that such inflation illiteracy is related to respondent characteristics, including income, education and sex.

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Year of publication:	2022
Authors:	Andersson, Fredrik N. G. ; Hjalmarsson, Erik ; Österholm, Pär
Publisher:	Örebro : Örebro University School of Business
Subject:	Perceived inflation \| Inflation expectations \| Survey data \| Economic literacy

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Series:	Working Paper ; 6/2022
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1807442713 [GVK] hdl:10419/262155 [Handle] RePEc:hhs:oruesi:2022_006 [RePEc]
Classification:	E31 - Price Level; Inflation; Deflation
Source:	EconStor

Persistent link: https://www.econbiz.de/10013331917