why do people dislike inflation

why do people dislike inflation

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时间:2019-06-28

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1、WhyDoPeopleDislikeInflation?RobertJ.ShillerYaleUniversityMarch1996AbstractAquestionnairesurveywasconductedtoexplorehowpeoplethinkaboutinflation,andwhatrealproblemstheyseeitascausing.Withresultsfrom677people,comparisonsweremadeamongpeopleintheU.S.,Germany,andBr

2、azil,betweenyoungandold,andbetweeneconomistsandnon-economists.Amongnon-economistsinallcountries,thelargestconcernwithinflationappearstobethatitlowerspeople’sstandardofliving.Non-economistsappearoftentobelieveinasortofsticky-wagemodel,bywhichwagesdonotrespondto

3、inflationaryshocks,shockswhicharethemselvesperceivedascausedbycertainpeopleorinstitutionsactingbadly.Thisstandardoflivingeffectisnottheonlyperceivedcostofin-flationamongnon-economists:otherperceivedcostsaretiedupwithissuesofexploitation,politicalinstability,lo

4、ssofmorale,anddamagetonationalprestige.Themoststrikingdifferencesbetweengroupsstudiedwerebetweeneconomistsandnon-economists.Therewerealsoimportantinternationalandintergenerationaldifferences.TheUS–Germanydifferences(onquestionsnotjustaboutinformation)wereusual

5、lylessstrongthantheintergenerationaldifferences.*ThisresearchwassupportedbytheU.S.NationalScienceFoundationandtheNationalBureauofEconomicResearch.ThispaperwaspresentedattheNationalBureauofEconomicResearchConferenceonMonetaryPolicyandLowInflation,CheecaLodge,Is

6、lamorada,Florida,January13,1996.Theauthorwishestothankthenumerouspeoplewhofilledoutthequestionnaire.Questionnairedesignandtranslationandsurveymanagementwereunder-takenwiththehelpofMichaelKrauseinGermanyandJoseCarlosCarvalhoinBrazil.ThecooperationoftheInstitute

7、ofWorldEconomicsinKiel,Germany,andofHarmenLehmentthereismuchappreciated.TheauthoralsothanksMosheBuchinsky,GiancarloCorsetti,RobertFaulstich,BenjaminFriedman,IlanGoldfajn,AnilKashyap,MilesKimball,AlvinKlevorick,GregoryMankiw,WilliamNordhaus,ChristinaRomer,David

8、Romer,MatthewShapiro,VirginiaShiller,andparticipantsintheConferenceonMonetaryPolicyandLowInflationforhelpfulsuggestions.AslakAunstrup,MyleneChan,PauloFreitas,JohnLippman,ChrisMallo

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