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negative impact are threefold. First, perceived inflation overestimates the real increase in prices resulting in suboptimal …
Persistent link: https://www.econbiz.de/10013317284
We develop and estimate a panel data model explaining the answers to questions about subjective probabilities, using data from the US Health and Retirement Study. We explicitly account for nonresponse, rounding, and focal point 50 percent answers. Our results indicate that for three of the four...
Persistent link: https://www.econbiz.de/10013136709
This paper tests for a number of survey effects in the elicitation of expenditure items. In particular we examine the extent to which individuals use features of the expenditure question to construct their answers. We test whether respondents interpret question wording as researchers intend and...
Persistent link: https://www.econbiz.de/10013155602
Ireland. Model comparisons using the Akaike information criterion favor a specification with response consistency and vignette …
Persistent link: https://www.econbiz.de/10013317019
There is growing interest among economists in public opinion towards immigration, something that is often seen as the foundation for restrictive immigration policies. Existing studies have focused on the responses to survey questions on whether the individual would prefer more or less...
Persistent link: https://www.econbiz.de/10012954054
, Ireland, Netherlands, Norway, Spain, Sweden, Switzerland, UK; 3) a neutral role - Denmark and Italy; and 4) a negative impact …
Persistent link: https://www.econbiz.de/10013321313
As the pandemic spread across the U.S., disagreement among U.S. households about inflation expectations surged along … with the mean perceived and expected level of inflation. Simultaneously, the inflation experienced by households became … between the inflation experienced by households in their daily shopping and their perceived and expected levels of inflation …
Persistent link: https://www.econbiz.de/10014083908
We implement a survey of Dutch households in which random subsets of respondents receive information about inflation …. The resulting exogenously generated variation in inflation expectations is used to assess how expectations affect … subsequent monthly consumption decisions relative to those in a control group. The causal effects of elevated inflation …
Persistent link: https://www.econbiz.de/10012864876
account middle-inflation overestimate the impact of financial expectations …
Persistent link: https://www.econbiz.de/10012839066
Price surges often generate social disapproval and requests for regulation and price controls, but these interventions may cause inefficiencies and shortages. To study how individuals perceive and reason about sudden price increases for different products under different policy regimes, we...
Persistent link: https://www.econbiz.de/10014083733