shocks. However, some recent studies have documented puzzling effects of these shocks on private-sector forecasts of GDP … change monetary policy and the private sector to revise its forecasts. We provide substantial new evidence that distinguishes …

the accuracy of their forecasts. In this paper, we estimate the economic impacts of the official hurricane forecasts in … to establish the social value of improving hurricane forecasts. On the margin, the value of hurricane information is …

media consumers becomes more important the larger the number of competing media products. …

imposed on detected payment evaders. For a given price and fine, the consumers purchase, evade payment, or choose the outside …

This paper assumes that groups of consumers in network markets can coordinate their choices when it is in their best … coexist in equilibrium if consumers have heterogeneous reservation values. A monopolist provider might choose to operate … multiple networks to price differentiate consumers on both sides of the market. Competing network providers might operate …

Evaluating a new survey dataset of German consumers, we test whether individual consumption plans are formed according … interest rates is most pronounced for consumers who are active on financial markets. Finally, economic news on inflation and …