caa a22 4500 467910235 CHVBK 20180406152847.0 cr unu---uuuuu 170328e20060601xx s 000 0 eng 10.1007/s10645-006-9004-3 doi (NATIONALLICENCE)springer-10.1007/s10645-006-9004-3 Dutch Households' Perceptions of Economic Growth and Inflation [Elektronische Daten] [Céline Christensen, Peter van Els, Maarten van Rooij] Summary: This paper analysis the results of a survey on qualitative and quantitative perceptions and expectations of past, current and future macroeconomic developments among a representative household panel (DNB Household Survey). Perceptions of economic growth and inflation show a large dispersion. For the median respondents, however, the quantitative perceptions were found to be quite accurate. There is some evidence that the concept of economic growth is a more abstract notion for the general public than inflation. Those who have declared themselves more knowledgeable are also more actively involved in dealing with financial issues. The empirical evidence seems to corroborate that individuals with higher self-assessed knowledge levels are better informed indeed and have more accurate quantitative perceptions of economic growth and inflation. At the individual level there is a strong and robust correlation between expected growth and inflation for the next year and the perceptions of the current situation (rule of thumb behavior). But short-term expectations are also influenced by the views individuals hold on longer-term developments. Springer, 2006 consumer perceptions and expectations nationallicence economic literacy nationallicence DNB Household Survey nationallicence Christensen Céline Vrije Universiteit Amsterdam, Amsterdam, The Netherlands aut van Els Peter Economics & Research Division, De Nederlandsche Bank, P.O. Box 98, 1000, Amsterdam, AB, The Netherlands aut van Rooij Maarten Economics & Research Division, De Nederlandsche Bank, P.O. Box 98, 1000, Amsterdam, AB, The Netherlands and Netspar aut De Economist Kluwer Academic Publishers-Plenum Publishers; http://www.springer-ny.com 154/2(2006-06-01), 277-294 0013-063X 154:2<277 2006 154 10645 https://doi.org/10.1007/s10645-006-9004-3 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10645-006-9004-3 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Christensen Céline Vrije Universiteit Amsterdam, Amsterdam, The Netherlands aut NATIONALLICENCE 700 1- van Els Peter Economics & Research Division, De Nederlandsche Bank, P.O. Box 98, 1000, Amsterdam, AB, The Netherlands aut NATIONALLICENCE 700 1- van Rooij Maarten Economics & Research Division, De Nederlandsche Bank, P.O. Box 98, 1000, Amsterdam, AB, The Netherlands and Netspar aut NATIONALLICENCE 773 0- De Economist Kluwer Academic Publishers-Plenum Publishers; http://www.springer-ny.com 154/2(2006-06-01), 277-294 0013-063X 154:2<277 2006 154 10645 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer