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Public Resistance to Indexation: A Puzzle (ICPSR 1137)

Principal Investigator(s):

Summary:

This study addresses the question: Why isn't indexation practiced more widely around the world? Indexation is assured by institutions and contract provisions that protect people against the effects of unanticipated inflation, as measured by a consumer price index or similar index. Examples of institutions that promote indexation are cost of living allowances, escalator clauses, or inflation-protected bonds. Subjects were interviewed to understand their lack of interest in indexation. Questionnaire surveys were administered in the United States and in Turkey (where inflation rates are much higher and where there is still little indexation) in 1996. Many causes of this lack of interest in indexation are studied, prominent among them being lack of appreciation of inflation uncertainty, lack of trust in the government, and beliefs that high inflation, if it were to come, would coincide with times of economic and political instability.

Access Notes

  • These data are flagged as replication datasets and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.

  • These data are freely available.

Dataset(s)

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Data:

Study Description

Citation

Shiller, Robert J. Public Resistance to Indexation: A Puzzle. ICPSR01137-v1. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 1998-01-20. http://doi.org/10.3886/ICPSR01137.v1

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Funding

This study was funded by:

  • National Science Foundation

Scope of Study

Data Collection Notes:

(1) The files are READ.ME, an ASCII file describing the other files, INDXPAP9.RJS, a WordPerfect 5.1 text version of the paper "Public Resistance to Indexation: A Puzzle," NEWINDXA.XLS, an Excel spreadsheet with Questionnaire A results for the United States, NEWINDXB.XLS, an Excel spreadsheet with Questionnaire B results for the United States, NEWTURK.XLS, Excel spreadsheet with Questionnaire A results for Turkey, USA_A.QES, a WordPerfect 5.1 file containing Questionnaire A, and USA_B.QES, a WordPerfect 5.1 file containing Questionnaire B. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.

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