How Costly Are Business Cycle Volatility and Inflation? A Vox Populi Approach
收藏NBER2025-02-01 更新2025-02-22 收录
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https://www.nber.org/papers/w33476
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Using repeated surveys of households across thirteen countries, we study how much individuals would be willing to pay to eliminate business cycles. These direct estimates are much higher than traditional measures following Lucas (2003): on average, households would be prepared to sacrifice 6% of
本研究依托覆盖13个国家的多轮家庭调查数据，探究个体为消除经济周期（business cycles）所愿承担的支付成本。此类直接估算结果远高于依照卢卡斯（Lucas, 2003）提出的传统测算方法得到的结果：平均来看，家庭愿意牺牲6%的
提供机构：
美国国家经济研究局
创建时间：
2025-02-01
