Do Preferences Shape Institutions? The Case of Inflation Aversion and Inflation Targeting

Publicado en

  • Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics)


  • We show that preferences, estimated with subjective measures of individual well-being, help to explain the adoption of certain types of institutions. In particular, we show that countries exhibiting greater inflation aversion are more likely to adopt the inflation targeting monetary regime.

fecha de publicación

  • 2014

Líneas de investigación

  • Inflation Targeting
  • Monetary Regimes
  • Preferences
  • Subjective Well Being

Página inicial

  • 68

Última página

  • 78


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