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Inattention, poor memories shape inflation expectations

20:00 EDT 30 Jul 2017 | AAAS

(Massachusetts Institute of Technology) A new study co-authored by an MIT economist reveals that people have a haphazard approach to assessing inflation. Most citizens only pay attention to the topic intermittently, and they overestimate how bad inflation will become.

Original Article: Inattention, poor memories shape inflation expectations

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