analyze intra-day data from 2011–2015. Our comprehensive analysis of the wide variety of macroeconomic information during the …

. Uncertainty, in contrast, increases the response. We rationalize our findings in a model of imperfect information. In the model …

This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand … elasticities and of incorporating this information into structural VAR models. I not only summarize the state of the literature … conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …

crisis period. Individual economy estimation results, however, show that the Joneses effect varies across economies …

We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences … response to an aggregate oil price shock. Time-varying estimates do not support the view that the gasoline demand elasticity … rose to about -0.2 in 2015-16, but has remained stable since 2016. Gasoline demand is more responsive in states with lower …

information reduce their demand for news from this newspaper. Furthermore, treated respondents who think that a news outlet is …We examine whether the desire for more information is people's dominant motive for reading economic and political news … experimentally vary people's beliefs about the informativeness of news. Inconsistent with the desire for more information being the …

-entry dynamics of quantities, but no post-entry dynamics of markups. This suggests that shifts in demand play an important role in … successful entry, but that firms do not use dynamic manipulation of markups as an instrument to shift demand. We structurally … advertising to acquire new customers and thereby shift demand and increase sales. In the second, they use temporarily low markups …