Showing 1 - 10 of 87
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 …
Persistent link: https://www.econbiz.de/10012024521
" survey data. The latter one covers information from regular - at least yearly - surveys treating topics like investment …
Persistent link: https://www.econbiz.de/10014309600
information in various forms, including abstract summaries of multiple data points - statistics - and contextualized anecdotes … accumulated information, and that the information type - story versus statistic - is a central determinant of selective memory. In … controlled experiments we show that the effect of information on beliefs decays rapidly and exhibits a pronounced story-statistic …
Persistent link: https://www.econbiz.de/10013457381
Rising government debt levels around the world are raising the specter that authorities might seek to inflate away the debt. In theoretical settings where fiscal policy "dominates"monetary policy, higher debt without offsetting changes in primary surpluses should lead households to anticipate...
Persistent link: https://www.econbiz.de/10012437870
We analyze how investor expectations about economic growth and stock returns changed during the February-March 2020 stock market crash induced by the COVID-19 pandemic, as well as during the subsequent partial stock market recovery. We surveyed retail investors who are clients of Vanguard at...
Persistent link: https://www.econbiz.de/10012224226
Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal …
Persistent link: https://www.econbiz.de/10012231514
Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES …
Persistent link: https://www.econbiz.de/10012263377
We validate survey measures of social capital with a new data set that examines whether citizens report a lost wallet … to its owner. Using data from more than 17,000 lost wallets across 40 countries, we find that survey measures of social …
Persistent link: https://www.econbiz.de/10012252455
We study how different forms of communication influence the inflation expectations of individuals in a randomized controlled trial. We first solicit individuals' inflation expectations in the Nielsen Homescan panel and then provide eight different forms of information regarding inflation....
Persistent link: https://www.econbiz.de/10011958866
- have a large causal impact on individuals' redistributive preferences. Using two representative surveys of a combined 6 …
Persistent link: https://www.econbiz.de/10014383934