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Deceiving Our Minds: A Qualitative Exploration of the Money Illusion in Post-redenomination Ghana

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Author Info

  • Vivian Dzokoto

    ()

  • Edwin Mensah

    ()

  • Maxwell Twum-Asante

    ()

  • Annabella Opare-Henaku

    ()

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    Abstract

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    File URL: http://hdl.handle.net/10.1007/s10603-010-9144-3
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    Bibliographic Info

    Article provided by Springer in its journal Journal of Consumer Policy.

    Volume (Year): 33 (2010)
    Issue (Month): 4 (December)
    Pages: 339-353

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    Handle: RePEc:kap:jcopol:v:33:y:2010:i:4:p:339-353

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    Web page: http://www.springerlink.com/link.asp?id=100283

    Related research

    Keywords: Money illusion; Redenomination; Ghana; Currency;

    References

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    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.:
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    1. Tyszka, Tadeusz & Przybyszewski, Krzysztof, 2006. "Cognitive and emotional factors affecting currency perception," Journal of Economic Psychology, Elsevier, vol. 27(4), pages 518-530, August.
    2. Cannon, Edmund & Cipriani, Giam Pietro, 2006. "Euro-Illusion: A Natural Experiment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 38(5), pages 1391-1403, August.
    3. Bart Hobijn & Federico Ravenna & Andrea Tambalotti, 2004. "Menu costs at work: restaurant prices and the introduction of the euro," Staff Reports 195, Federal Reserve Bank of New York.
    4. Raghubir, Priya & Srivastava, Joydeep, 2002. " Effect of Face Value on Product Valuation in Foreign Currencies," Journal of Consumer Research, University of Chicago Press, vol. 29(3), pages 335-47, December.
    5. Ernst Fehr & Jean-Robert Tyran, . "Does Money Illusion Matter?," IEW - Working Papers 012, Institute for Empirical Research in Economics - University of Zurich.
    6. Bénassy, Jean-Pascal, 1993. "Money and wage contracts in an optimizing model of the business cycle," CEPREMAP Working Papers (Couverture Orange) 9325, CEPREMAP.
    7. Modigliani, Franco, 1985. "Life Cycle, Individual Thrift and the Wealth of Nations," Nobel Prize in Economics documents 1985-1, Nobel Prize Committee.
    8. Lineta Ramoniene & Dovydas Brazys, 2007. "Euro Introduction Effects on Individuals’ Economic Decisions: Testing the Presence of Difference Assessment Account among Lithuanian and Latvian Consumers," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, vol. 6(2), pages 29-55, January.
    9. Dusansky, Richard & Kalman, Peter J, 1974. "The Foundations of Money Illusion in a Neoclassical Micro-Monetary Model," American Economic Review, American Economic Association, vol. 64(1), pages 115-22, March.
    10. Brachinger, Hans Wolfgang, 2006. "Euro or “Teuro”?: The Euro-induced Perceived Inflation in Germany," DQE Working Papers 5, Department of Quantitative Economics, University of Freiburg/Fribourg Switzerland.
    11. Rob Ranyard, 2007. "Euro Stories: The Irish Experience of Currency Change," Journal of Consumer Policy, Springer, vol. 30(4), pages 313-322, December.
    12. Mussweiler, Thomas & Englich, Birte, 2003. "Adapting to the Euro: Evidence from bias reduction," Journal of Economic Psychology, Elsevier, vol. 24(3), pages 285-292, June.
    13. Shafir, Eldar & Diamond, Peter & Tversky, Amos, 1997. "Money Illusion," The Quarterly Journal of Economics, MIT Press, vol. 112(2), pages 341-74, May.
    14. Priya Raghubir & Joydeep Srivastava, 2009. "The Denomination Effect," Journal of Consumer Research, University of Chicago Press, vol. 36(4), pages 701-713, December.
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