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Inflation Expectations and Keeping Up With the Joneses

NO : WP-2024-018 AUTHOR : Taniya Ghosh and Abhishek Gorsi TITLE :  Inflation Expectations and Keeping Up With the Joneses ABSTRACT : This study examines how relative income factors and social comparisons affect Indian households’ inflation expectations. The study uses a one-time primary survey conducted in Nahan, Himachal Pradesh, India, covering 200 households, […]

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