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Average Inflation Targeting
Last registered on September 09, 2020

Pre-Trial

Trial Information
General Information
Title
Average Inflation Targeting
RCT ID
AEARCTR-0006425
Initial registration date
September 08, 2020
Last updated
September 09, 2020 11:21 AM EDT
Location(s)
Region
Primary Investigator
Affiliation
University of Texas at Austin
Other Primary Investigator(s)
PI Affiliation
PI Affiliation
PI Affiliation
Additional Trial Information
Status
Completed
Start date
2020-08-25
End date
2020-09-05
Secondary IDs
Abstract
We study how the provision of information to households about average inflation targeting vs inflation targeting affects inflation and other expectations.
External Link(s)
Registration Citation
Citation
Coibion, Olivier et al. 2020. "Average Inflation Targeting." AEA RCT Registry. September 09. https://doi.org/10.1257/rct.6425-1.0.
Experimental Details
Interventions
Intervention(s)
Intervention Start Date
2020-08-26
Intervention End Date
2020-09-05
Primary Outcomes
Primary Outcomes (end points)
Inflation expectations and other economic expectations. Knowledge about monetary policy objectives.
Primary Outcomes (explanation)
Secondary Outcomes
Secondary Outcomes (end points)
Secondary Outcomes (explanation)
Experimental Design
Experimental Design
Survey participants are broken into three groups: one control and two treatment groups. One treatment group is provided information about standard inflation targeting. The other is provided information about average inflation targeting. Expectations are measured before and after treatments.
Experimental Design Details
Randomization Method
randomization done by survey firm.
Randomization Unit
individual
Was the treatment clustered?
No
Experiment Characteristics
Sample size: planned number of clusters
3000 individuals over three groups
Sample size: planned number of observations
3000 individuals
Sample size (or number of clusters) by treatment arms
~1000 in control and ~1000 in each of two treatments
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
IRB
INSTITUTIONAL REVIEW BOARDS (IRBs)
IRB Name
IRB Approval Date
IRB Approval Number
Post-Trial
Post Trial Information
Study Withdrawal
Intervention
Is the intervention completed?
No
Is data collection complete?
Data Publication
Data Publication
Is public data available?
No
Program Files
Program Files
Reports, Papers & Other Materials
Relevant Paper(s)
REPORTS & OTHER MATERIALS