Bridging the Gap between the Public's and Economists' Views of the Economy
AbstractThis paper reports the results of two parallel 1996 surveys, one of economists, one of the public. It finds that the public has a bleaker picture of what has happened economically to the average family and is more pessimistic than most economists about the intermediate future. The public cites different reasons than economists do for why the economy is not doing better. Also, individuals' perceptions of their own economic experiences yield a different set of beliefs about economic conditions than that described in official statistics. The authors offer possible explanations of the perception gap between the public and economists. Coauthors are John M. Benson, Mollyann Brodie, Richard Morin, Drew E. Altman, Daniel Gitterman, Mario Brossard, and Matt James.
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Bibliographic InfoArticle provided by American Economic Association in its journal Journal of Economic Perspectives.
Volume (Year): 11 (1997)
Issue (Month): 3 (Summer)
Find related papers by JEL classification:
- A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ray C. Fair, 1996. "Econometrics and Presidential Elections," Journal of Economic Perspectives, American Economic Association, vol. 10(3), pages 89-102, Summer.
- Fair, Ray C, 1978.
"The Effect of Economic Events on Votes for President,"
The Review of Economics and Statistics,
MIT Press, vol. 60(2), pages 159-73, May.
- Ray C. Fair, 1976. "The Effects of Economic Events on Votes for President," Cowles Foundation Discussion Papers 418, Cowles Foundation for Research in Economics, Yale University.
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