Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/50170
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dc.contributor.authorDuffy, Daviden_US
dc.contributor.authorLunn, Peteen_US
dc.date.accessioned2011-09-30T10:01:24Z-
dc.date.available2011-09-30T10:01:24Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/50170-
dc.description.abstractHow people perceive and forecast inflation has the potential to impact on a range of economic outcomes. We reveal large, systematic overestimation of inflation by Irish consumers, which varies by social group. In contrast to previous work in this area, our models suggest the upward bias and the variation by social group should be considered substantially separate phenomena. We also offer evidence that inflation misperceptions are linked to attitudes and intentions with respect to consumption and saving and, hence, are likely to affect household decision-making. The findings therefore raise issues regarding the relationship between financial literacy and consumer behaviour.en_US
dc.language.isoengen_US
dc.publisher|aESRI |cDublinen_US
dc.relation.ispartofseries|aESRI working paper |x261en_US
dc.subject.ddc330en_US
dc.subject.stwInflationsrateen_US
dc.subject.stwInflationserwartungen_US
dc.subject.stwWahrnehmungen_US
dc.subject.stwSoziale Gruppeen_US
dc.subject.stwKonsumentenverhaltenen_US
dc.subject.stwSparenen_US
dc.subject.stwIrlanden_US
dc.titleThe misperception of inflation by Irish consumersen_US
dc.typeWorking Paperen_US
dc.identifier.ppn584380275en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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