Abstract

Chair the Fed is an award-winning online educational game developed by the Federal Reserve Bank of San Francisco to help players learn about monetary policy. Players assume the role of Fed Chair and adjust the federal funds rate to try to achieve low inflation and low unemployment. If successful, they are reappointed to another term. By investigating anonymous user data from a three-month period in 2019, we find that about 20 percent of games completed result in reappointment. Chances of reappointment improve with game experience; however, players exhibit more skill in addressing some situations than others. Given the widespread interest in the game, reflected by over 80,000 games initiated per month, the implications of the game for improving economic literacy are important.

摘要

美联储主席是由旧金山联邦储备银行开发的屡获殊荣的在线教育游戏，旨在帮助玩家了解货币政策。玩家扮演美联储主席的角色，并调整联邦基金利率，以实现低通胀和低失业率。如果成功的话，他们将连任。通过调查2019年三个月中的匿名用户数据，我们发现约20％的游戏完成导致重新任命。重新任命的机会随着游戏体验的提高而提高；但是，玩家在处理某些情况时比其他人表现出更多的技巧。鉴于每月都有超过80,000款游戏开始引起人们对游戏的广泛兴趣，因此该游戏对提高经济素养的意义十分重要。