Mobile Financial Headlines

Inflation and Sex

posted 837 weeks ago on

When people are asked what the inflation rate is, apparently your gender is an important factor. Caroline Baum has the 411: ?That men and women occasionally see things differently is not a remarkable observation,? says Michael Bryan, economist at the Federal Reserve Bank of Cleveland. ?But that the sexes could report vastly different perspectives on the rate at which prices are rising over a long period of time is astonishing.? Bryan has studied decades of data on this battle of the sexes, using the University of Michigan Survey of Consumers, a joint survey conducted by the Cleveland Fed and Ohio State University among others. He found that demographics played a role in determining the public's estimates and predictions of inflation. Those who are rich, married, white and middle-aged h

Related Headlines