Showing 1 - 10 of 331
A large literature studies subjective beliefs about economic facts using unincentivized survey questions. We devise randomized experiments in a representative online survey to investigate whether incentivizing belief accuracy affects stated beliefs about average earnings by professional degree...
Persistent link: https://www.econbiz.de/10012890194
Motivated by the observation that survey expectations of stock returns are inconsistent with rational return expectations under real-world probabilities, we investigate whether alternative expectations hypotheses entertained in the asset pricing literature are consistent with the survey...
Persistent link: https://www.econbiz.de/10012892287
We administer a newly-designed survey to a large panel of retail investors who have substantial wealth invested in financial markets. The survey elicits beliefs that are crucial for macroeconomics and finance, and matches respondents with administrative data on their portfolio composition and...
Persistent link: https://www.econbiz.de/10012866380
We study response behavior in surveys and show how the explanatory power of self-reports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the...
Persistent link: https://www.econbiz.de/10013219070
measure agency for 209 women in Haryana, India, first, through a semi-structured interview and, second, through a large set of … close-ended questions. We use qualitative coding methods to score each woman’s agency based on the interview, which we treat … resulting five-question index is as strongly correlated with the coded qualitative interview as is an index that uses all of the …
Persistent link: https://www.econbiz.de/10013235120
This paper considers a modification of the standard Susceptible-Infected-Recovered (SIR) model of epidemic that allows for different degrees of compulsory as well as voluntary social distancing. It is shown that the fraction of population that self-isolates varies with the perceived probability...
Persistent link: https://www.econbiz.de/10012835654
From a theoretical perspective, the output gap is probably the most comprehensive and convincing concept to describe the cyclical position of an economy. Unfortunately, for practical purposes, the concept depends on the determination of potential output, which is an inherently unobservable...
Persistent link: https://www.econbiz.de/10010274874
We use anonymized and aggregated data from Facebook to show that areas with stronger social ties to two early COVID-19 "hotspots" (Westchester County, NY, in the U.S. and Lodi province in Italy) generally have more confirmed COVID-19 cases as of March 30, 2020. These relationships hold after...
Persistent link: https://www.econbiz.de/10012208006
effect of the coronavirus crisis on household income and retirement wealth, households' expectations about the recovery, and …
Persistent link: https://www.econbiz.de/10012208009
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012214176