Gender Differences in Inflation Expectations: Recent Evidence from India

Swapnil Virendra Chalwadi (), Preeti Tushar Joshi, Nitin Mohanlal Sharma, Chaitanya Gite and Sangita Salve
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Swapnil Virendra Chalwadi: School of Liberal Arts, Dr. Vishwanath Karad MIT World Peace University, Pune 411038, India
Preeti Tushar Joshi: School of Liberal Arts, Dr. Vishwanath Karad MIT World Peace University, Pune 411038, India
Nitin Mohanlal Sharma: School of Liberal Arts, Dr. Vishwanath Karad MIT World Peace University, Pune 411038, India
Chaitanya Gite: School of Liberal Arts, Dr. Vishwanath Karad MIT World Peace University, Pune 411038, India
Sangita Salve: Department of Economics, Dr. Arvind B. Telang Senior College of Arts, Commerce & Science, Akurdi, Pune 411044, India

Administrative Sciences, 2023, vol. 13, issue 2, 1-14

Abstract: This study investigates gender disparities in inflation expectations in India using data from the Reserve Bank of India’s Households’ Inflation Expectations Survey (March 2011 to September 2022). To determine these differences, the authors analyze the expectations of future prices for various categories including food products, nonfood products, household durables, housing, and general prices for both a short-term horizon (the next three months) and a long-term horizon (one year ahead). The authors employ independent sample t test, ordinary least square (OLS) regression, and ordinal logistic regression (OLOGIT) models to assess the average inflation expectations disparities between genders. The results demonstrate a significant relationship between gender and inflation expectations, with the findings indicating that, on average, females exhibit higher inflation expectations compared to males.

Keywords: gender; inflation perception; monetary policy; India (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2023
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