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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 …
Persistent link: https://www.econbiz.de/10012479302
Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal … the Nielsen Homescan panel with different combinations of information about the severity of the pandemic, recent actions …
Persistent link: https://www.econbiz.de/10012481579
consumption, proxies well for investors' relevant information set …
Persistent link: https://www.econbiz.de/10012454993
education spending and teacher salaries falls sharply when respondents receive information about existing levels. Treatment … effects vary by prior knowledge in a manner consistent with information effects rather than priming. Support for salary … countries could explain Germans' lower support for increases. Information about the tradeoffs between different categories of …
Persistent link: https://www.econbiz.de/10012455872
, product information improved the prediction accuracy of respondents. Turning to real-life behavior, we find that mutual funds …
Persistent link: https://www.econbiz.de/10014635693
We revisit the long-standing empirical evidence of an inverse relationship between farm size and productivity using rich microdata from Uganda. We show that farm size is negatively related to yields (output per hectare), as commonly found in the literature, but positively related to farm...
Persistent link: https://www.econbiz.de/10012480276
We examine the origins, persistence, and economic consequences of institutional structures of agricultural production. We compare farms in the Argentine Pampas and US Midwest, regions of similar potential input and output mixes. The focus is on 1910-1914, during the international grain trade...
Persistent link: https://www.econbiz.de/10012481298
What is the effect of cash injections during financial crises? Exploiting county-level variation arising from random weather shocks during the 1980s Farm Debt Crisis, we analyze and measure the effect of local cash flow shocks on the real and financial sector. We show that such cash flow shocks...
Persistent link: https://www.econbiz.de/10012455136
In the U.S., the average 40 year old plant employs almost eight times as many workers as the typical plant five years or younger. In contrast, surviving Indian plants exhibit little growth in terms of either employment or output. Mexico is intermediate to India and the U.S. in these respects:...
Persistent link: https://www.econbiz.de/10012460526
The expansion in farm size is an important contributor to agricultural productivity in developed countries, but the reallocation process is hindered in less developed economies. How do distortions to factor reallocation affect farm dynamics and agricultural productivity? We develop a model of...
Persistent link: https://www.econbiz.de/10014226182