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treatment group that was given information about key Social Security provisions and a control group that was not. The experiment … behavior, the information intervention increased survey measures of the perceived returns to working longer, especially among …
Persistent link: https://www.econbiz.de/10013121596
When there is uncertainty about a CEO's quality, news about the firm causes rational investors to update their expectation of the firm's profitability for two reasons: Updates occur because of the direct effect of the news, and also because the news can cause an updated assessment of the CEO's...
Persistent link: https://www.econbiz.de/10013085131
We develop online survey experiments to analyze how information about inequality and taxes affects preferences for … redistribution. Approximately 4,000 respondents were randomized into treatments providing interactive, customized information on U …
Persistent link: https://www.econbiz.de/10013085497
How does increasing globalization affect corporate transparency? Freer trade represents different facets and in theory has ambiguous effects on corporate transparency. On the one hand, by exposing firms to more product market competition, it could discourage discretionary disclosure. On the...
Persistent link: https://www.econbiz.de/10013067063
Historically, urban growth required enough development to grow and transport significant agricultural surpluses or a government effective enough to build an empire. But there has been an explosion of poor mega-cities over the last thirty years. A simple urban model illustrates that in closed...
Persistent link: https://www.econbiz.de/10013071513
We study the information aggregation properties of unanimous voting rules in the laboratory. In line with theoretical …
Persistent link: https://www.econbiz.de/10012999989
In July 2002, FINRA began mandatory dissemination of price and volume information for corporate bond trades. This paper …
Persistent link: https://www.econbiz.de/10013076189
then provide 22 different forms of information regarding past, current and/or future inflation and interest rates …. Information treatments about current and next year's interest rates have a strong effect on household expectations but treatments … constrained capacity to collect and process information.Institutional subscribers to the NBER working paper series, and residents …
Persistent link: https://www.econbiz.de/10012840847
Since Wakefield et al. (1998), the public was exposed to mixed information surrounding the claim that measles … claim. Consistent with confirmatory bias, exposures to negative information about the vaccine strengthened their biases more … than exposures to positive information attenuated them. Positive online information, however, had strong impacts on …
Persistent link: https://www.econbiz.de/10012840852
Previously, academics have used the supply of information that arrives to market (e.g., macroeconomic announcements …, earnings reports, or news releases) to study how information affects asset prices and anomalies, and for tests of market … efficiency. In this paper, we instead use measures of institutional and retail demand for information. We show that institutional …
Persistent link: https://www.econbiz.de/10012960165