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Measuring inflation expectations: how the response scale shapes density forecasts

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In density forecasts, respondents are asked to assign probabilities to a response scale with pre-specified ranges of inflation. In two large-scale experiments, one conducted in the US and one in Germany, we show how the specifics of the response scale determine the responses: Shifting, compressing,...

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Bibliographic Details
Main Authors: Becker, Christoph (Author) , Dürsch, Peter (Author) , Eife, Thomas A. (Author)
Format: Book/Monograph Working Paper
Language:English
Published: Heidelberg Heidelberg University, Department of Economics 05 Mai 2023
Series:AWI discussion paper series no. 727 (April 2023)
In: AWI discussion paper series (no. 727 (April 2023))

DOI:10.11588/heidok.00033232
Subjects:
Graue Literatur
Online Access:Verlag, kostenfrei: http://archiv.ub.uni-heidelberg.de/volltextserver/33232/1/Becker_et_al_2023_dp727.pdf
Resolving-System, kostenfrei: https://doi.org/10.11588/heidok.00033232
Resolving-System, kostenfrei: https://nbn-resolving.org/urn:nbn:de:bsz:16-heidok-332324
Langzeitarchivierung Nationalbibliothek, kostenfrei: https://d-nb.info/1288358385/34
Verlag, kostenfrei: http://www.ub.uni-heidelberg.de/archiv/33232
Resolving-System, kostenfrei: https://hdl.handle.net/10419/278455
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Author Notes:Christoph K. Becker, Peter Duersch, Thomas A. Eife

MARC

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