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The Dynamics of Households' Stock Market Beliefs

Gaudecker, Hans-Martin von - 2019

We analyse a long panel of households’ stock market beliefs to gain insights into the nature of their expectations formation processes. We classify respondents into one of five groups based on their data and estimate group-wise models of expectations formation. Two of the groups are at...

Persistent link: https://www.econbiz.de/10012871761

Gender Norms and Income Misreporting within Households

Roth, Anja - 2019

We show that the discontinuity in the distribution of surveyed female income shares at the margin where a woman would outearn her partner is primarily driven by norm induced misreporting in surveys. We draw on unique Swiss data combining survey and administrative information for the same...

Persistent link: https://www.econbiz.de/10012892274

Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations

Hanspal, Tobin - 2020

, desired working hours, and household debt, but have only small effects on expected spending. We provide correlational and … household exposure to stock market crashes for expectation formation …

Persistent link: https://www.econbiz.de/10012835653

Competition for Promotion Can Induce Household Specialization between Equally Competitive Spouses

Bastani, Spencer; Dickmanns, Lisa; Giebe, Thomas; … - 2022

asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …

Persistent link: https://www.econbiz.de/10013293277

A Public Good Version of the Collective Household Model : An Empirical Approach with an Application to British Household Data

Klaveren, Chris van; Praag, Bernard M. S. van; Maassen … - 2021

In this paper we consider an empirical collective household model of time allocation for two-earner households. The … novelty of this paper is that we estimate a version of the collective household model, where the internally produced goods and … are equally weighted in the household utility function; (3) Differences in the ratio of the partners' hourly wages are …

Persistent link: https://www.econbiz.de/10013316615

Does Paternity Leave Promote Gender Equality within Households?

González, Libertad; Zoabi, Hosny - 2021

We consider a non-cooperative model of the household, in which the husband and wife decide on parental leave and the …

Persistent link: https://www.econbiz.de/10013311580

Financial Education or Incentivizing Learning-by-Doing? Evidence from an RCT with Undergraduate Students

Oberrauch, Luis; Kaiser, Tim - 2024

We study the effects of digital financial education interventions on undergraduate students’ financial knowledge in a … video treatment enhanced financial knowledge scores by more than 0.5 standard deviations. Conversely, the vouchers showed no …

Persistent link: https://www.econbiz.de/10015047285

Insensitive Investors

Charles, Constantin; Frydman, Cary; Kilic, Mete - 2022

We show theoretically that the weak transmission of beliefs to actions induces a strong bias in basic asset pricing tests. In particular, expected returns can appear to decline in risk when investors weakly transmit their payoff expectations into willingness to pay. We experimentally test this...

Persistent link: https://www.econbiz.de/10014242026

Climate Policy, Stranded Assets, and Investors' Expectations

Sen, Suphi - 2019

Climate policies to keep global warming below 2℃ might render some of the world's fossil fuels and related infrastructure worthless prior to the end of their economic life time. Therefore, some energy-sector assets are at risk of becoming stranded. This paper investigates whether and how...

Persistent link: https://www.econbiz.de/10012859044

Inflation Hedging on Main Street? Evidence from Retail Tips Fund Flows

Nagel, Stefan; Yan, Zhen (Zach) - 2022

-based inflation expectations measures increase. Changes in household survey expectations or in measures of inflation uncertainty do …

Persistent link: https://www.econbiz.de/10014241195