IDEAS home Printed from https://ideas.repec.org/a/taf/jeduce/v52y2021i2p89-101.html
   My bibliography  Save this article

Chair the Fed: Insights from game usage data

Author

Listed:
  • Evgeniya Duzhak
  • K. Jody Hoff
  • Jane S. Lopus

Abstract

Chair the Fed is an award-winning online educational game developed by the Federal Reserve Bank of San Francisco to help players learn about monetary policy. Players assume the role of Fed Chair and adjust the federal funds rate to try to achieve low inflation and low unemployment. If successful, they are reappointed to another term. By investigating anonymous user data from a three-month period in 2019, we find that about 20 percent of games completed result in reappointment. Chances of reappointment improve with game experience; however, players exhibit more skill in addressing some situations than others. Given the widespread interest in the game, reflected by over 80,000 games initiated per month, the implications of the game for improving economic literacy are important.

Suggested Citation

  • Evgeniya Duzhak & K. Jody Hoff & Jane S. Lopus, 2021. "Chair the Fed: Insights from game usage data," The Journal of Economic Education, Taylor & Francis Journals, vol. 52(2), pages 89-101, March.
    • Handle: RePEc:taf:jeduce:v:52:y:2021:i:2:p:89-101
    DOI: 10.1080/00220485.2021.1887025
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00220485.2021.1887025
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00220485.2021.1887025?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cynthia Harter & Diego Mendez-Carbajo, 2024. "Diving into the Gap: Recognizing Gender Differences in an Online Learning Activity," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 50(1), pages 79-102, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jeduce:v:52:y:2021:i:2:p:89-101. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/VECE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.