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Money Illusion

E. Shafir, P. Diamond, A. Tversky

The Quarterly Journal of Economics, 1997. DOI 10.1162/003355397555208

Has this study been replicated?

The atlas records 1 replication of this study. Recorded outcomes: 1 successful. The earliest on record is from 2021.

Replications

• Revisiting "money illusion": Replication and extension of Shafir, Diamond, and Tversky (1997), Ziano et al. (2021). Journal of Economic Psychology. Outcome recorded: successful. We found effect sizes in line with the original ones for assessments of income (Problem 1; original: Cramer's V = 0.26, 95% CI [0.17, 0.37]; replication: V = 0.28 [0.21, 0.36]), Outcome read from the abstract. View paper

Cite this record

Shafir, E., Diamond, P., & Tversky, A. (1997). Money Illusion. The Quarterly Journal of Economics, 112(2), 341–374. https://doi.org/10.1162/003355397555208

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