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Persistent link: https://www.econbiz.de/10011421397
We compare the inflation expectations reported by consumers in a survey with their behavior in a financially incentivized investment experiment designed such that future inflation affects payoffs. The inflation expectations survey is found to be informative in the sense that the beliefs reported...
Persistent link: https://www.econbiz.de/10014178234
Persistent link: https://www.econbiz.de/10009613226
We compare the inflation expectations reported by consumers in a survey with their behavior in a financially incentivized investment experiment designed such that future inflation affects payoffs. The inflation expectations survey is found to be informative in the sense that the beliefs reported...
Persistent link: https://www.econbiz.de/10009266720