TY  - JOUR
A1  - Orland, Andreas
T1  - Personality traits and the perception of macroeconomic indicators
BT  - Survey Evidence
JF  - Bulletin of Economic Research
N2  - I examine the determinants of both perceived inflation and unemployment in one single survey and include Big Five traits in the analysis. This is the first survey on this topic in Germany. My sample consists of 1771 students from different fields and levels. Using PhD students’ estimates as a reference, I create categories for underestimation and overestimation of both variables. Multinomial logit regressions show that females overestimate both variables. Education and news consumption reduce misestimation. A higher level of Neuroticism is related with a higher probability to overestimate unemployment. Overstating (understating) one indicator is associated with overstating (understating) the other.
KW  - cross-sectional heterogeneity
KW  - inflation perception
KW  - personality traits
KW  - unemployment perception
Y1  - 2016
U6  - https://doi.org/10.1111/boer.12110
SN  - 0307-3378
SN  - 1467-8586
VL  - 69
IS  - 4
SP  - E150
EP  - E172
PB  - Wiley
CY  - Hoboken
ER  -