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coincide. The analysis deals with three countries/economic areas: the Euro Area, Japan and the US and makes use of different …
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This paper studies how the communication of political leaders affects the expectation formation of the public. Specifically, we examine the expectation management of the German government regarding COVID-19-related regulatory measures during the early phase of the pandemic. We elicit beliefs...
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Wage expectations for full- and part-time employment are key for understanding the labor supply decisions of women …-adjusted estimates of the part-time wage gap indicates that women's mean expectations are realistic. I also show that women with children …
Persistent link: https://www.econbiz.de/10012285506
This paper presents an experiment on a coordination game with extrinsic random signals, in which we systematically vary the stochastic process generating these signals and measure how signals affect behavior. We find that sunspot equilibria emerge naturally if there are salient public signals....
Persistent link: https://www.econbiz.de/10011596121
This paper documents that individuals' expectations about macroeconomic outcomes are systematically linked with the … experiences of these macroeconomic outcomes they have made during life. Focusing on expectations about national inflation … variables over the respondents' lifetime, respectively. I find that experience significantly predicts respondents' expectations …
Persistent link: https://www.econbiz.de/10012064821
' more academically oriented career aspirations and expectations before leaving school. On the one hand, these higher …
Persistent link: https://www.econbiz.de/10012033803
Between 2004 and 2016, we elicited individuals' subjective expectations of stock market returns in a Dutch internet … differ in how they use past stock market returns to form current stock market expectations. The model allows for rounding in …
Persistent link: https://www.econbiz.de/10012033828