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Does policy communication during COVID-19 work?

Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020

Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal and monetary policy responses to the crisis affects households' expectations. We provide random subsets of participants in the Nielsen Homescan panel with different combinations...

Persistent link: https://www.econbiz.de/10012237791

Have you heard the news? : how real-life expectations react to publicity

Wiel, Karen van der - 2009

As evidence is accumulating that subjective expectations influence behavior and that these expectations are sometimes biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to affect how people picture the future. This paper...

Persistent link: https://www.econbiz.de/10003824962

How does consumption respond to news about inflation? : field evidence from a randomized control trial

Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - 2019

We implement a survey of Dutch households in which random subsets of respondents receive information about inflation. The resulting exogenously generated variation in inflation expectations is used to assess how expectations affect subsequent monthly consumption decisions relative to those in a...

Persistent link: https://www.econbiz.de/10012056956

A collective household model of time allocation : a comparison of native Dutch and immigrant households in the Netherlands

Klaveren, Chris van (contributor); … - 2006

Although the number of immigrant households in the Netherlands is substantial, the labor supply choices of this group … time to different activities. In order to do so, we empirically estimate a collective household labor supply model. The … main findings are that: (1) Leisure and household income are the most important variables in the utility function of the …

Persistent link: https://www.econbiz.de/10003335454

Nonparametric analysis of household labor supply : goodness-of-fit and power of the unitary and the collective model

Cherchye, Laurens (contributor); … - 2006

Dutch DNB Household Survey. We conduct a nonparametric analysis that avoids the distortive impact of an erroneously …

Persistent link: https://www.econbiz.de/10003289891

Countering public opposition to immigration : the impact of information campaigns

Facchini, Giovanni; Margalit, Yotam; Nakata, Hiroyuki - 2016

Popular sentiment toward immigration is often antagonistic, making the integration of migrants one of the most important yet daunting challenges facing societies in advanced economies. Can information campaigns decrease public opposition to immigration? This paper reports results from a...

Persistent link: https://www.econbiz.de/10011594711

How sensitive are individual retirement expectations to raising the retirement age?

Grip, Andries de; Fouarge, Didier; Montizaan, Raymond - 2013

This paper investigates the causal effects of the announcement of an increase in the statutory pension age on employee retirement expectations. In June 2010, the Dutch government signed a new pension agreement with the employer and employee organizations that entailed an increase in the...

Persistent link: https://www.econbiz.de/10009721384

Competing approaches to forecasting elections : economic models, opinion polling and prediction markets

Leigh, Andrew (contributor); Wolfers, Justin (contributor) - 2006

We review the efficacy of three approaches to forecasting elections: econometric models that project outcomes on the basis of the state of the economy; public opinion polls; and election betting (prediction markets). We assess the efficacy of each in light of the 2004 Australian election. This...

Persistent link: https://www.econbiz.de/10003334619

Income taxation in an empirical collective household labour supply model with discrete hours

Bloemen, Hans G. - 2010

the collective approach for household behaviour and the discrete hours choice framework with fixed costs of work. We … pooling of men's earnings and the household's non-labour income in the female's budget constraint. These differences in … outcomes have consequences for the evaluation of a policy change in the tax system. -- Labour supply ; household behaviour …

Persistent link: https://www.econbiz.de/10003934279

The effect of macroeconomic uncertainty on household spending

Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - 2021

luxury goods. Moreover, uncertainty reduces household propensity to invest in mutual funds. These results support the notion … that macroeconomic uncertainty can impact household decisions and have large negative effects on economic outcomes. …

Persistent link: https://www.econbiz.de/10012491975

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