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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
, based on a rank-3 demand system applied to UK individual household data, shows that the inflation adjustment of child …
Persistent link: https://www.econbiz.de/10014073082
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 …
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