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https://doi.org/10.1515/JOS-2017-0049
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Figuring Figures: Exploring Europeans' Knowledge of Official Economic Statistics
[journal article]
Abstract Economic issues have been a major concern for Europeans in the last few years. In this context, it is reasonable to suppose that people are aware of the main economic figures
regarding Europe. But are they really familiar with them? Do they know what the rates of
growth, unemployment and inflation a... view more
Economic issues have been a major concern for Europeans in the last few years. In this context, it is reasonable to suppose that people are aware of the main economic figures
regarding Europe. But are they really familiar with them? Do they know what the rates of
growth, unemployment and inflation are? The aim of this article is to explore the level of knowledge of these three economic indicators among Europeans. Several regression models are specified and estimated in order to identify the relationship between an individual's knowledge and their socioeconomic profile, use of the Internet, perceived importance of economic issues and official statistics and trust in them. Cross-country differences are also assessed.... view less
Keywords
economic statistics; EU; official statistics; knowledge; level of information; population; Eurobarometer; international comparison; gross domestic product; inflation; unemployment; quota
Classification
National Economy
Free Keywords
economic indicators; European Union; literacy; misperception
Document language
English
Publication Year
2017
Page/Pages
p. 1051-1085
Journal
Journal of Official Statistics, 33 (2017) 4
ISSN
2001-7367
Status
Published Version; peer reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0