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2022 Annual Conference

May 19–21, 2022

Sheraton Sand Key, Clearwater Beach, FL, US

Proposal authors can use this tool to see where they have been placed in the program agenda for an Oral or Poster Session.

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Confirm your place in the schedule by going to the ACCI Presenter Confirm Google Sheet and marking your session with the name and email address of the author who will be attending and presenting. Each presentation must have a separate paid registraint. Contact the ACCI Office immedicately by email at admin@consumerinterests.org to report a conflict or if you have questions. Please be sure to reference the session title(s), date(s), and time(s) if you contact us.

104 How is Inflation Taught in the U.S.? Examining Financial Education Approaches

Friday, May 20, 2022 at 8:00 AM–8:50 AM EDT
Room 4 Posters
Key Words

financial literacy, financial education, inflation, disinflation

Short Description

Understanding and managing price and wage inflation is an important financial skill and has been identified as one of the “big three” economic concepts that individuals should understand to support sound financial decision-making (Lusardi & Mitchell, 2011). Since the 1980s, inflation in the U.S. has been mostly on the decline – what is referred to as disinflation – until recent months (McFee, 2021. Economists, Central Bankers, and financial professionals have divergent expectations on inflation for the near future, but many see beyond transitory inflation to more prolonged structural inflation (Scholtes, 2021). This recent and upcoming changes in inflation begs the research questions, “What is the state of knowledge about inflation in the U.S., how it is taught, and are schools and institutions educating its citizenry adequately to prepare for and respond to a change in inflation regime?”

Submitter

Caezilia Loibl, The Ohio State University

Authors

George Rooney, The Ohio State University
Caezilia Loibl, The Ohio State University
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