Perceived Inflation as a Determinant of the Savings and Spending Structure of Consumers
Abstract In Europe and the U. S., official inflation rates reached a level of around 7 %–8 % in mid-2022. Based on survey data for Germany, we show that there is a rising gap between the objective (administrative) inflation rate and the (subjective) inflation rate as perceived by consumers, which is...
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Main Authors: | Andreas Krämer, Daniel F. Heuermann, Thomas Burgartz |
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Format: | Article |
Language: | deu |
Published: |
Sciendo
2022-10-01
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Series: | Wirtschaftsdienst |
Online Access: | https://doi.org/10.1007/s10273-022-3292-3 |
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