their inflation expectations, which we demonstrate with descriptive survey data and a series of experiments. Third, an …

Attention to the economy plays a key role in canonical macro models, yet its empirical properties are not well … understood. We collect novel measures of attention to the economy based on open-ended survey questions. Our measures are included … attention to different aspects of the economy. Attention to the macroeconomy is characterized by large and persistent cross …

exposure to aggregate fluctuations, which may distort their beliefs about the benefits of acquiring macroeconomic information. …

counterfactual expectation adjustments. Guided by the model, we conduct experiments with representative samples of the US population …

dispersed beliefs about past and future exchange rate realizations. Similarly, within the two samples, acquisition of exchange …

We review methodological questions relevant for the design of information provision experiments. We first provide a … literature review of major areas in which information provision experiments are applied. We then outline key measurement … discuss the measurement of subjective beliefs, including the role of incentives and ways to reduce measurement error. We also …

We examine how beliefs about the debt-to-GDP ratio affect people's attitudes towards government spending and taxation …. Using representative samples of the US population, we run a series of experiments in which we provide half of our …

measure beliefs about how aggregate unemployment and in ation respond to different macroeconomic shocks. Expert predictions … are quantitatively close to standard DSGE models and VAR evidence. While households' beliefs are directionally aligned …