scholarly journals Inflation Expectations, Learning, and Supermarket Prices: Evidence from Survey Experiments

2017 ◽  
Vol 9 (3) ◽  
pp. 1-35 ◽  
Author(s):  
Alberto Cavallo ◽  
Guillermo Cruces ◽  
Ricardo Perez-Truglia
Keyword(s):  
Inflation Rate ◽  
Inflation Expectations ◽  
Sources Of Information ◽  
Information Frictions ◽  
Rational Inattention ◽  
Price Changes ◽  
Macroeconomic Models ◽  
Cognitive Limitations ◽  
Survey Experiments ◽  
Source Of Information

Information frictions play a central role in the formation of household inflation expectations, but there is no consensus about their origins. We address this question with novel evidence from survey experiments. We document two main findings. First, individuals in low inflation contexts have significantly weaker priors about the inflation rate. This finding suggests that rational inattention may be an important source of information frictions. Second, cognitive limitations also appear to be a source of information frictions: even when information about inflation statistics is available, individuals still place a significant weight on inaccurate sources of information, such as their memories of the price changes of the supermarket products they purchase. We discuss the implications of these findings for macroeconomic models and policymaking. (JEL D83, D84, E31, L11, L81, O11)

scholarly journals Barriers to identifying and obtaining CME: a national survey of physicians, nurse practitioners and physician assistants

2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Maureen O’Brien Pott ◽  
Anissa S. Blanshan ◽  
Kelly M. Huneke ◽  
Barbara L. Baasch Thomas ◽  
David A. Cook
Keyword(s):  
Travel Time ◽  
Nurse Practitioners ◽  
Professional Associations ◽  
Physician Assistants ◽  
Age Group ◽  
Sources Of Information ◽  
Online Search ◽  
The Past ◽  
Online Tools ◽  
Source Of Information

Abstract Background CPD educators and CME providers would benefit from further insight regarding barriers and supports in obtaining CME, including sources of information about CME. To address this gap, we sought to explore challenges that clinicians encounter as they seek CME, and time and monetary support allotted for CME. Methods In August 2018, we surveyed licensed US clinicians (physicians, nurse practitioners, and physician assistants), sampling 100 respondents each of family medicine physicians, internal medicine and hospitalist physicians, medicine specialist physicians, nurse practitioners, and physician assistants (1895 invited, 500 [26.3%] responded). The Internet-based questionnaire addressed barriers to obtaining CME, sources of CME information, and time and monetary support for CME. Results The most often-selected barriers were expense (338/500 [68%]) and travel time (N = 286 [57%]). The source of information about CME activities most commonly selected was online search (N = 348 [70%]). Direct email, professional associations, direct mail, and journals were also each selected by > 50% of respondents. Most respondents reported receiving 1–6 days (N = 301 [60%]) and $1000–$5000 (n = 263 [53%]) per year to use in CME activities. Most (> 70%) also reported no change in time or monetary support over the past 24 months. We found few significant differences in responses across clinician type or age group. In open-ended responses, respondents suggested eight ways to enhance CME: optimize location, reduce cost, publicize effectively, offer more courses and content, allow flexibility, ensure accessibility, make content clinically relevant, and encourage application. Conclusions Clinicians report that expense and travel time are the biggest barriers to CME. Time and money support is limited, and not increasing. Online search and email are the most frequently-used sources of information about CME. Those who organize and market CME should explore options that reduce barriers of time and money, and creatively use online tools to publicize new offerings.

scholarly journals Movement of Inflation and New Keynesian Phillips Curve in ASEAN

Economies ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 34
Author(s):  
Adhitya Wardhono ◽  
M. Abd. Nasir ◽  
Ciplis Gema Qori’ah ◽  
Yulia Indrawati
Keyword(s):  
Inflation Rate ◽  
Phillips Curve ◽  
New Keynesian ◽  
Inflation Expectations ◽  
New Keynesian Phillips Curve ◽  
Method Of Moment ◽  
Inflation Model ◽  
Wage Inflation ◽  
Generalized Method Of Moment ◽  
Forward Looking

The development of the theory of dynamic inflation begins by linking wage inflation and unemployment. In further developments, factor of expectation is classified into inflation model. The study used inflation data is important for ASEAN, because ASEAN is one of the strengths of the international economy. This study analyzes the dynamics of inflation in the ASEAN using framework the New-Keynesian Phillips Curve (NKPC) model. The data used is the quarterly panel data from 5 ASEAN members in the period 2005.QI–2018.QIV. The study of this dynamic inflation applies quarter to quarter inflation data, meaning that the inflation rate is the percentage change in the general price of the current quarter compared to last quarter general price divided by the last quarter. The empirical results are estimated by using the Generalized Method of Moment (GMM), both of the system and first different indicates that the pattern formation of inflation expectations are backward-looking and forward-looking. In addition, the estimated NKPC models show the backward-looking behavior is more dominant than the forward looking. Changes in inflation are not entirely influenced by expectations of inflation in each country. Changes in inflation are also influenced by the output gap, changes in money supply, and exchange rate. Based on the findings of this study, it can be concluded that the NKPC models can explain the dynamics of inflation in each country in the ASEAN region.

scholarly journals Inflation Expectations in Turkey: Determinants and Roles in Missing Inflation Targets

2018 ◽  
Vol 7 (3) ◽  
pp. 73-90 ◽  
Author(s):  
Umit Bulut
Keyword(s):  
Exchange Rate ◽  
Inflation Targeting ◽  
Inflation Rate ◽  
Oil Price ◽  
Output Gap ◽  
Inflation Expectations ◽  
Inflation Target ◽  
Distributed Lag ◽  
Expected Inflation ◽  
Target Output

Abstract This paper aims at specifying the determinants of 12-month ahead and 24-month ahead inflation expectations in Turkey by using monthly data from April 2006 to December 2016. Put differently, this paper tries to shed light on how inflation expectations respond to changes in past inflation rate, inflation target, output gap, USD/TL exchange rate, oil price, and EMBI in Turkey. To this end, the paper first conducts unit root tests in order to detect the order of integration of the variables. Then, the paper employs the autoregressive distributed lag approach to examine whether there is a cointegration relationship among variables and to estimate long-run parameters. According to the findings, 12-month ahead expected inflation rate is positively related to past inflation rate, inflation target, output gap, USD/TL exchange rate, and oil price and is negatively related to EMBI. Besides, 24-month ahead expected inflation rate is positively related to past inflation rate and USD/TL exchange rate and is negatively related to inflation target and EMBI. Upon its findings, the paper makes some inferences about the success of inflation targeting strategy in Turkey.

scholarly journals An Important Source of Information about Islamized Armenians

2009 ◽  
Vol 5 (1-2 (6)) ◽  
pp. 251-261
Author(s):  
Sergey Vardanyan
Keyword(s):  
Present Article ◽  
Sources Of Information ◽  
History Of ◽  
The Village ◽  
Source Of Information

The history of Armenians has been accompanied with struggles against forced Islamization. The Islamized Hamshen-Armenians are of particular interest in this regard. The present article provides solid evidence about Islamized Armenians in general and those in the village of Khevak in particular, making reference to new sources of information that confirm the ideas stated.

scholarly journals Exposure to Daily Price Changes and Inflation Expectations

2019 ◽  
Author(s):  
Francesco D'Acunto ◽  
Ulrike Malmendier ◽  
Juan Ospina ◽  
Michael Weber
Keyword(s):  
Inflation Expectations ◽  
Price Changes

Talking to children about parental mental illness: The experiences of well parents

2018 ◽  
Vol 64 (4) ◽  
pp. 367-373 ◽  
Author(s):  
Divya Ballal ◽  
Janardhana Navaneetham
Keyword(s):  
Mental Illness ◽  
Interpretative Phenomenological Analysis ◽  
Parental Mental Illness ◽  
Sources Of Information ◽  
Mental Health Systems ◽  
The Family ◽  
Supportive Family ◽  
History Of ◽  
Source Of Information

Background: Children of parents with mental illness are not routinely included in psychoeducational and supportive family interventions provided by adult mental health systems. The family, therefore, is an important and, sometimes, the only source of information and support for them. Aim: To understand the experiences of well parents in talking to their children about parental mental illness. Method: This article presents the findings of a qualitative study of the experiences of well parents in talking to their children about parental mental illness. Ten well parents whose spouses were diagnosed with a severe mental illness participated in the study. Socio-demographic information, family details and history of the spouse’s mental illness along with their experiences of talking to children about parental mental illness, the perceived risks and benefits, challenges they faced and the role of others in the process were recorded. Qualitative data were analysed using interpretative phenomenological analysis. Findings: The themes of ‘distancing children from parental mental illness’, ‘avoiding conversations about the illness’, ‘giving and receiving emotional support’, ‘providing explanations of the illness’ and ‘regulating other sources of information’ show the complex ways in which well parents influence their children’s understanding of parental mental illness. The findings are examined in the background of what is known about this topic from the perspective of children or of the parent with illness. Possible ways to support well parents in families affected by parental mental illness are discussed. Conclusion: This study is a step forward in the understanding of how families talk to children about parental mental illness and provides the perspective of the well parent.

Effect of Temporal Arrangement on Multimedia Learning

2018 ◽  
Author(s):  
Victoria Chen
Keyword(s):  
Prior Knowledge ◽  
Cognitive Processing ◽  
Teaching And Learning ◽  
Multimedia Learning ◽  
Primary Source ◽  
Sources Of Information ◽  
Multimedia Teaching ◽  
Text Information ◽  
Source Of Information

The purpose of this study is to examine whether Multimedia learning theory (Mayer, 1997; Schnotz & Kürschner, 2007) holds true when images are the primary source of information and text information is secondary. I will test how temporal arrangement of audio and image presentations affects quality of learning in this situation. I hypothesize that when audio is played before or after the image participants will require increased cognitive processing to mentally integrate the two sources of information resulting in deeper learning and transfer of learning. On the other hand when audio is played while the image is shown, I hypothesize that participants with high prior knowledge of the subject will score lower than participants with low prior knowledge, because prior knowledge will interfere with knowledge from the two sources causing a redundancy effect. This experiment will lead to greater understanding of multimedia teaching and learning in classrooms as well as how it affects deeper learning.

eWOW of Guests Regarding Their Hotel Experience

2020 ◽  
pp. 295-308
Author(s):  
Zelia Breda ◽  
Rui Costa ◽  
Gorete Dinis ◽  
Amandine Angie Martins
Keyword(s):  
Sentiment Analysis ◽  
Online Reviews ◽  
User Generated Content ◽  
Sources Of Information ◽  
Value For Money ◽  
Quality Of Sleep ◽  
Online Comments ◽  
Analytical Response ◽  
Source Of Information

Online comments are increasingly mentioned as an important source of information, simplifying consumers' buying decisions. Online user-generated content has become one of the main sources of information for tourists, who themselves become creators of their own online content. This chapter focuses on sentiment analysis of comments made on TripAdvisor regarding one resort located in the Algarve region, in Portugal. The resort has good reviews, which means that the eWOM is positive. The highest scores relate to the resort's cleanliness, location and quality of sleep, and those that were less relevant were the value for money, the rooms and the service. The most dominant emotion is joy, followed by an analytical response. Negative emotions, such as sadness and anger, were not found very often in the online reviews. These results could be explained by the quality of the service, the kindness of the staff, the facilities for children, the entertainment, and the location, attributes that were often highlighted in the comments.

Adjusting Timberland Lease Payments for Stumpage Price-Changes

1986 ◽  
Vol 3 (1) ◽  
pp. 22-25
Author(s):  
W. David Klemperer
Keyword(s):  
Inflation Rate ◽  
Annual Income ◽  
Private Forest ◽  
Forest Landowners ◽  
Price Changes ◽  
Price Increases ◽  
Stumpage Price ◽  
Nonindustrial Private Forest ◽  
To Receive ◽  
Private Forest Landowners

Abstract Many past industrial leases of private timberlands have proven unsatisfactory for landowners, because lease payments were constant during periods of rapidly increasing timber prices. Although many contracts now index lease payments to the inflation rate, few incorporate real increases in stumpage prices above the inflation rate. This paper examines variations of two basic methods for incorporating real stumpage price-increases into formulas for determining acceptable lease payments from views of both landowner and firm. These approaches offer more satisfactory means for nonindustrial private forest landowners to receive annual income before harvest and for firms to obtain wood supplies without the high cost of land purchase. North. J. Appl. For. 3:22-25, Mar. 1986.

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