We show that, to form aggregate inflation expectations, consumers rely on the price changes they face in their daily … lives while grocery shopping. Specifically, the frequency and size of price changes, rather than their expenditure share …. Our results suggest that the frequency and size of grocery-price changes to which consumers are personally exposed should …

recent events like the COVID-19 pandemic, oil price fluctuations, and supply chain disruptions. Respondents' anticipate many … negative consequences of inflation but the most noted one is the increased complexity and difficulty in household decision …

We investigate whether consumer confidence has an independent effect on household spending. First, we control for a … common set of factors that drive both consumer confidence and household spending. Next, we interpret the non …

Purpose – This paper empirically analyzed how China’s domestic inflation responds to foreign uncertainties, especially … data on China’s 31 provinces from Q1 2001 to Q4 2021, adopting the nonlinear autoregressive distributed lag (NARDL … structures of China’s 31 provinces are different, such as the level of economic development, industrial structure, economic scale …

Price indices for periods before the Second World War place more weight on less-processed products than do their post … give biased measures of changes in the cyclical behavior of the aggregate price level. Also, changes in the behavior of the … aggregate price level must be distinguished from changes in the behavior of prices of given products, subject to a given degree …

nationally-representative household-level data. We find that natural gas consumption is weakly correlated with household income … somewhat weaker still when we consider alternative indicators of household financial stress, such as poverty status or number … of children in the household. We show, for example, that poor households with multiple children would receive lower bills …