Inflation target formulations differ across countries and over time. Most widespread are point targets, target ranges, hybrid combinations of the two, or mere definitions of price stability. This paper proposes a novel empirical measure of expectations anchoring based on the cross-sectional...

In this paper, we report the findings of a randomized experiment designed to test whether the order of play in two Trust Games influences the observed level of trust displayed by Trustors (as measured by the share of endowment sent to Trustees). Playing Trustor in the second game increases the...