Who wants price stability?
Document Type
Article
Publication Date
2012
Abstract
The paper uses the "subjective well-being as input" framework to examine how life satisfaction and other life circumstances might affect the consideration of price stability. Results show that people who experience negative or adverse situations are more likely to attend to negative matters like rising prices, which implies price instability; those who experience positive or favorable situations are likely to worry less about price stability.
Recommended Citation
Beja, Edsel Jr., 2012. "Who wants price stability?," MPRA Paper 38928, University Library of Munich, Germany.