Measuring Household Inflation Perceptions and Expectations: The Effect of Guided vs Non-Guided Inflation Questions

IF 16.4 1区 化学 Q1 CHEMISTRY, MULTIDISCIPLINARY
Bernd Hayo , Pierre-Guillaume Méon
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引用次数: 0

Abstract

An experiment using a representative survey of the German population shows that letting respondents report a number rather than asking them to choose from a list of predefined ranges lowers the response rate for both perceived past and expected inflation and decreases (increases) reported past (expected) inflation. Income, education, gender, objective and subjective knowledge about monetary policy, and political affiliation affect the effect's size but not its sign. East and West German respondents who were 15 or older when the Berlin Wall fell have reactions different from those who were younger at that time, which supports the ‘impressionable years’ hypothesis based on different inflation experiences.

测量家庭通胀感知和预期:指导性与非指导性通胀问题的影响
一项对德国人口进行代表性调查的实验表明,让受访者报告一个数字,而不是让他们从一系列预定义的范围中选择,可以降低对过去和预期通货膨胀的反应率,并降低(增加)过去(预期)通货膨胀的报告。收入、受教育程度、性别、对货币政策的客观认识和主观认识、政治倾向等因素影响了效应的大小,但对效应的符号没有影响。东德和西德的受访者在柏林墙倒塌时年龄在15岁以上,他们的反应与当时年龄更小的人不同,这支持了基于不同通胀经历的“易受影响年份”假说。
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来源期刊
Accounts of Chemical Research
Accounts of Chemical Research 化学-化学综合
CiteScore
31.40
自引率
1.10%
发文量
312
审稿时长
2 months
期刊介绍: Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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