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SSRN Electronic Journal
We document novel survey-based facts about preferred long-run inflation rates among US consumers. Consumers on average prefer a 0.20% annual inflation rate, well below the Federal Reserve's 2% target. Inflation preferences not only correlate with demographic and socioeconomic characteristics, but also with economic reasoning. A randomized control trial
Afrouzi, Hassan +4 more
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We document novel survey-based facts about preferred long-run inflation rates among US consumers. Consumers on average prefer a 0.20% annual inflation rate, well below the Federal Reserve's 2% target. Inflation preferences not only correlate with demographic and socioeconomic characteristics, but also with economic reasoning. A randomized control trial
Afrouzi, Hassan +4 more
openaire +3 more sources
1987
The entry deals with the history and the analytical content of the notion of liquidity preference, pointing out its analytical evolution, the debates on its foundations and the role in economic analysis and models.
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The entry deals with the history and the analytical content of the notion of liquidity preference, pointing out its analytical evolution, the debates on its foundations and the role in economic analysis and models.
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Preferences and preference functions
2003Chapter 2 treats totally ordered sets and gives representation theorems. Similar theorems for just relations — not assumed to be total — are trivial, but are convenient to have, because the main results in this book give conditions for particular additive representation.
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