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Narrative Economics
Shiller, Robert J. - 2017
This address considers the epidemiology of narratives relevant to economic fluctuations. The human brain has always been highly tuned towards narratives, whether factual or not, to justify ongoing actions, even such basic actions as spending and investing. Stories motivate and connect activities...
Persistent link: https://www.econbiz.de/10012481063
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Does Monetary Policy Matter? The Narrative Approach after 35 Years
Romer, Christina; Romer, David - National Bureau of Economic Research - 2023
The narrative approach to macroeconomic identification uses qualitative sources, such as newspapers or government records, to provide information that can help establish causal relationships. This paper discusses the requirements for rigorous narrative analysis using fresh research on the impact...
Persistent link: https://www.econbiz.de/10014250187
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Causal Narratives
Kendall, Chad W.; Charles, Constantin - National Bureau of Economic Research - 2022
We study the generation, transmission, and effects of causal narratives - narratives which describe a (potentially incorrect) causal relationship between variables. In a controlled experiment, we show that exogenously generated causal narratives manipulate the beliefs and actions of subjects in...
Persistent link: https://www.econbiz.de/10013362000
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Mispricing Narratives after Social Unrest
Ba, Bocar A.; Ndiaye, Abdoulaye; Rivera, Roman; … - National Bureau of Economic Research - 2024
We study how negative sentiment around an industry impacts beliefs and behaviors, focusing on demands for racial justice after the murder of George Floyd and the salience of the "defund the police" movement. We assess stakeholder beliefs on the impact of protests on the stock prices of...
Persistent link: https://www.econbiz.de/10014635693
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Do Children Benefit from Internet Access? Experimental Evidence from Peru
Malamud, Ofer - 2018
This paper provides experimental evidence for the impact of home internet access on a broad range of child outcomes in … Peru. We compare children who were randomly chosen to receive laptops with high-speed internet access to (i) those who did … not receive laptops and (ii) those who only received laptops without internet. We find that providing free internet access …
Persistent link: https://www.econbiz.de/10012480963
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Will Ad Blocking Break the Internet?
Shiller, Ben - 2017
Ad blockers allow Internet users to obtain information without generating ad revenue for site owners; and by 2016 they …
Persistent link: https://www.econbiz.de/10012455622
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Ideology and Online News
Gentzkow, Matthew - 2013
aggregate moments from a panel of Internet users. We evaluate the fit of the model to key features of the data and use it to … compute the predictions of the supply model. We discuss how such a model can inform debates about the effects of the Internet …
Persistent link: https://www.econbiz.de/10012458987
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African Poverty is Falling...Much Faster than You Think!
Sala-i-Martin, Xavier - 2010
The conventional wisdom that Africa is not reducing poverty is wrong. Using the methodology of Pinkovskiy and Sala …
Persistent link: https://www.econbiz.de/10012462876
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The Economic Tragedy of the XXth Century : Growth in Africa
Artadi, Elsa V. - 2003
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We document the evolution of … rates Africa would have enjoyed if these key determinants had taken OECD rather than African values. Expensive investment …
Persistent link: https://www.econbiz.de/10012468832
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Why Not Africa?
Freeman, Richard B. - 1999
Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments … poverty alleviation; and that the constraints imposed by Sub-Saharan Africa's human and physical geography are not core …
Persistent link: https://www.econbiz.de/10012471865