Proceedings of the 2015 International Conference on Economics, Management, Law and Education

The Nexus between Inflation Risk and Consumer Perception

Authors
Kai Shi, Yuan Wang, Li Nie
Corresponding Author
Kai Shi
Available Online November 2015.
DOI
https://doi.org/10.2991/emle-15.2015.14How to use a DOI?
Keywords
inflation risk; consumer perception; GARCH; bootstrapping
Abstract

This article discusses the relation between the risk of price instability and consumer perception. After quantifying the inflation/deflation risk, which introduces the preference of economic representatives as well as the whole probability distribution of price level deviating from the target zone, based on GARCH model and bootstrapping, we employ a stepwise least square to investigate the nexus between balance of risk and consumer perception. Although empirical results only find relatively weak connection between these two factors, the methodology opens a new window for future quantitative analyses.

Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2015 International Conference on Economics, Management, Law and Education
Series
Advances in Social Science, Education and Humanities Research
Publication Date
November 2015
ISBN
978-94-6252-145-2
ISSN
2352-5398
DOI
https://doi.org/10.2991/emle-15.2015.14How to use a DOI?
Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Kai Shi
AU  - Yuan Wang
AU  - Li Nie
PY  - 2015/11
DA  - 2015/11
TI  - The Nexus between Inflation Risk and Consumer Perception
BT  - Proceedings of the 2015 International Conference on Economics, Management, Law and Education
PB  - Atlantis Press
SP  - 56
EP  - 59
SN  - 2352-5398
UR  - https://doi.org/10.2991/emle-15.2015.14
DO  - https://doi.org/10.2991/emle-15.2015.14
ID  - Shi2015/11
ER  -