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Economic literacy and money illusion : an experimental perspective / Helena Chytilova

Von: Resource type: Ressourcentyp: Buch (Online)Buch (Online)Sprache: Englisch Verlag: [S.l.] : TAYLOR & FRANCIS, 2018Beschreibung: 1 Online-RessourceSchlagwörter: Andere physische Formen: 1138235571 | 9781138235571 | 1315304457. | 9781315304458. LOC-Klassifikation:
  • HG220.A2
Online-Ressourcen: Zusammenfassung: Cover; Half Title; Series Page; Title Page; Table of Contents; List of figures; List of tables; Introduction; Chapter 1 Early theorizing about money illusion; Irving Fisher's Money Illusion; John Maynard Keynes and the presence of the money illusion in his work; The case for dismissal of money illusion within Keynes' theory; Notes; References; Chapter 2 Rejection of money illusion; Money illusion utilization in Phillips curve debates; Natural theory of unemployment coincides with money illusion; Money illusion and rational expectations revolutionZusammenfassung: Delineation of basic termsSignificance of economic and financial literacy; Measurement of economic and financial literacy; How does literacy matter? ; Endogeneity and measurement problems; Financial/economic education programs and financial/economic literacy; Reduction of money illusion in light of economic education ; Notes; References; Chapter 6 Economic literacy and money illusion; Effect of economic education under money illusion, an experimental approach ; Methodological considerations of macroeconomic experiment; General description of the experimental designZusammenfassung: Hypotheses based on experimental designGeneral information regarding the experiment; Notes; References; Chapter 7 Experimental results; Nominal price adjustment as an individual optimization problem; Nominal price adjustment as a coordination problem in the real treatment ; The comparison of individual and indirect money illusion occurrence; The nominal and the real treatment, well-educated subjects; Effect of economic education on money illusion occurrence, investigation across educational levels, NH Mgr versus NH BcZusammenfassung: Investigation of deviations from the post-shock equilibrium across educational treatments under nominal frame Concluding remarks; Notes; References ; IndexZusammenfassung: Money illusion and other theories explaining non-neutrality of moneyConcluding remarks; Notes; References; Chapter 3 Renewal of interest in money illusion; Behavioral economics account of money illusion; Money illusion back at the aggregate level; Notes; References ; Chapter 4 The money illusion and its applications; Money illusion and financial markets; Money illusion and housing markets; Money illusion and nominal rigidity; Money illusion and consumer behavior; Money illusion and other applications; Notes; References; Chapter 5 Economic literacy and money illusionPPN: PPN: 897959272Package identifier: Produktsigel: ZDB-4-NLEBK
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