The Power of The Press: An Experimental Investigation into News-driven Inflation Expectations
(2023) EOSK12 20231Department of Economic History
- Abstract
- This study investigates the extent to which news affects individuals' inflation expectations through an innovative experimental design. The results show that news treatment significantly affects inflation expectations, with varying degrees of impact observed across different inflation regimes. Furthermore, the study reports differences between sexes, with women reacting more strongly to news treatment than men. These findings hold important implications for central banks and policymakers as they emphasize the significance of considering the effects of news coverage on shaping inflation expectations. Moreover, the identified heterogeneities between sexes offer valuable insights for policymakers seeking to tailor their strategies and... (More)
- This study investigates the extent to which news affects individuals' inflation expectations through an innovative experimental design. The results show that news treatment significantly affects inflation expectations, with varying degrees of impact observed across different inflation regimes. Furthermore, the study reports differences between sexes, with women reacting more strongly to news treatment than men. These findings hold important implications for central banks and policymakers as they emphasize the significance of considering the effects of news coverage on shaping inflation expectations. Moreover, the identified heterogeneities between sexes offer valuable insights for policymakers seeking to tailor their strategies and interventions to specific subsets of the population based on their inflation expectations. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9131525
- author
- Sirin, John Bahadir LU
- supervisor
- organization
- course
- EOSK12 20231
- year
- 2023
- type
- M2 - Bachelor Degree
- subject
- keywords
- inflation, media, experiment, expectations, policy
- language
- English
- id
- 9131525
- date added to LUP
- 2023-08-30 08:08:46
- date last changed
- 2023-08-30 08:08:46
@misc{9131525, abstract = {{This study investigates the extent to which news affects individuals' inflation expectations through an innovative experimental design. The results show that news treatment significantly affects inflation expectations, with varying degrees of impact observed across different inflation regimes. Furthermore, the study reports differences between sexes, with women reacting more strongly to news treatment than men. These findings hold important implications for central banks and policymakers as they emphasize the significance of considering the effects of news coverage on shaping inflation expectations. Moreover, the identified heterogeneities between sexes offer valuable insights for policymakers seeking to tailor their strategies and interventions to specific subsets of the population based on their inflation expectations.}}, author = {{Sirin, John Bahadir}}, language = {{eng}}, note = {{Student Paper}}, title = {{The Power of The Press: An Experimental Investigation into News-driven Inflation Expectations}}, year = {{2023}}, }