Economic Literacy and Money Illusion: An Experimental Perspective

ISBN-13: 9780367594893 / Angielski / Miękka / 2020 / 192 str.

Helena Chytilova

Opis

Money illusion has long been over-looked in explanations of business cycles. However, with increased questions over the basis of the rational model, money illusion has been attracting renewed interest. This book follows the latest research and asks whether the acquisition of economic education can help to weaken the effects of money illusion.

Spis treści

List of figures

List of tables

Introduction

1 Early theorizing about money illusion

2 Rejection of money illusion

3 Renewal of interest in money illusion

4 The money illusion and its applications

5 Economic literacy and money illusion

6 Economic literacy and money illusion: An experimental approach

7 Experimental results

Index

O autorze

Helena Chytilova is Assistant Professor at the University of Economics, Faculty of Economics and Charles University, Faculty of Law, Prague, Czech Republic.