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- W2189624808 abstract "Much survey data on consumer expectations is collected in the form of qualitative tendency surveys. For econometric modelling purposes it is useful to translate these into quantitative measures of the mean and dispersion of expectations. This paper develops “quantified” measures of unemployment, interest rate and inflation expectations for the US. These are compared with each other, and with direct quantitative estimates of expected inflation, and they are used to explore what factors matter for consumer perceptions of their own financial situation, and for their assessment of the economy as a whole. Mean expectations estimates form qualitative surveys appear fairly robust, but estimated standard deviations prove very unreliable." @default.
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- W2189624808 date "2006-01-01" @default.
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- W2189624808 title "How robust are quantified survey data? Evidence from the United States" @default.
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