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household. However, households differ in their spending patterns and there are differences in the price changes of various goods …
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When forming expectations, households may be influenced by the possibility that the information they receive is biased. In this paper, we study how individuals learn from potentially-biased statistics using data from both a natural and a survey-based experiment obtained during a period of...
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When forming expectations, households may be influenced by the possibility that the information they receive is biased. In this paper, we study how individuals learn from potentially-biased statistics using data from both a natural and a survey-based experiment obtained during a period of...
Persistent link: https://www.econbiz.de/10012996463
The variability in the rates of inflation across household groups is an important public policy issue. In this … empirical study using Taiwan's household expenditure data for the period 1991-1996, we found statistically significant evidence … to support the claim that different household groups face differential price changes, and that these variations are …
Persistent link: https://www.econbiz.de/10014029603
Inflation affects the purchasing power of households. This paper documents large, idiosyncratic inflation differences between households in their everyday shopping. Low-income households have experienced higher inflation in the last ten years, but the difference for richer households has been...
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