Arbeitspapier
Households’ Inflation Perceptions and Expectations: Survey Evidence from New Zealand
In this paper, we study how inflation is viewed by the general population of New Zealand. Based on unique representative survey data collected in 2016 and using descriptive statistics and multivariate regressions, we explore various aspects of how laypersons perceive inflation and form inflation expectations. We focus on how an individual’s economic situation, information search and interest in inflation, economic knowledge, and attitudes and values are related to inflation perception and expectation, as well as the individual’s reaction to them. We interpret our findings as a clear indication that laypersons’ knowledge about inflation is much better described by the imperfect information view prevailing in social psychology than by the rational actor view typically assumed in economics.
- Sprache
-
Englisch
- Erschienen in
-
Series: ifo Working Paper ; No. 255
- Klassifikation
-
Wirtschaft
Monetary Policy
Central Banks and Their Policies
Cultural Economics; Economic Sociology; Economic Anthropology: General
- Thema
-
Inflation perception
inflation expectation
New Zealand
monetary policy
household survey.
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hayo, Bernd
Neumeier, Florian
- Ereignis
-
Veröffentlichung
- (wer)
-
ifo Institute - Leibniz Institute for Economic Research at the University of Munich
- (wo)
-
Munich
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hayo, Bernd
- Neumeier, Florian
- ifo Institute - Leibniz Institute for Economic Research at the University of Munich
Entstanden
- 2018
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