Experts' Versus Laymen's Expectations: Some Survey Evidence
作者:
Ming‐Yih Liang,
期刊:
Asian Economic Journal
(WILEY Available online 1992)
卷期:
Volume 6,
issue 1
页码: 69-75
ISSN:1351-3958
年代: 1992
DOI:10.1111/j.1467-8381.1992.tb00082.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
This paper reports the results of a questionnaire survey conducted recently in the city of Taipei on people's expectations regarding certain macroeconomic variables, such as consumer prices, the GNP growth rate, and the money supply growth rate. The survey sample is divided into two groups: “non‐economists” and “economists”. We find that there is a significant difference between economists' and non‐economists' expectation behavior. We also find that only a very small fraction of people (26.8% among economists and 6.5% of non‐economists) can say how many % they expect the money supply growth
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