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Inflation Illiteracy – A Micro-Data Analysis

Fredrik Andersson, Erik Hjalmarsson and Pär Österholm

No 2022:6, Working Papers from Örebro University, School of Business

Abstract: Survey data indicate that a relatively large share of households is ill-informed about the rate of inflation in the economy, with perceived and expected rates of inflation deviating sub-stantially from official measures. Using Swedish micro-level data, we find that such inflation illiteracy is related to respondent characteristics, including income, education and sex.

Keywords: Perceived inflation; Inflation expectations; Survey data; Economic literacy (search for similar items in EconPapers)
JEL-codes: E31 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2022-05-20
New Economics Papers: this item is included in nep-eur, nep-fle, nep-mac and nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:oruesi:2022_006

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