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Loss aversion and Monetary policy

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Loss aversion and Monetary policy

Loss aversion vs. Monetary policy

In cognitive psychology and decision theory, loss aversion refers to people's tendency to prefer avoiding losses to acquiring equivalent gains: it is better to not lose $5 than to find $5. Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

Similarities between Loss aversion and Monetary policy

Loss aversion and Monetary policy have 3 things in common (in Unionpedia): Behavioral economics, Goods, Journal of Political Economy.

Behavioral economics

Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory.

Behavioral economics and Loss aversion · Behavioral economics and Monetary policy · See more »

Goods

In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.

Goods and Loss aversion · Goods and Monetary policy · See more »

Journal of Political Economy

The Journal of Political Economy is a bimonthly peer-reviewed academic journal published by the University of Chicago Press.

Journal of Political Economy and Loss aversion · Journal of Political Economy and Monetary policy · See more »

The list above answers the following questions

Loss aversion and Monetary policy Comparison

Loss aversion has 62 relations, while Monetary policy has 149. As they have in common 3, the Jaccard index is 1.42% = 3 / (62 + 149).

References

This article shows the relationship between Loss aversion and Monetary policy. To access each article from which the information was extracted, please visit:

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