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We use novel survey data to estimate how personal experiences affect household expectations about aggregate economic outcomes in housing and labor markets. We exploit variation in locally experienced house prices to show that individuals systematically extrapolate from recent locally experienced...
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We use novel survey data to estimate how personal experiences affect household expectations about aggregate economic outcomes in housing and labor markets. We exploit variation in locally experienced house prices to show that individuals systematically extrapolate from recent locally experienced...
Persistent link: https://www.econbiz.de/10011376179
energy price beliefs. By running an artefactual field experiment with a representative sample of 711 participants, we gather …
Persistent link: https://www.econbiz.de/10012025609
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by the Federal Reserve, stimulus measures, as well as recommendations from health officials. This experiment allows us to …
Persistent link: https://www.econbiz.de/10012231514
by the Federal Reserve, stimulus measures, as well as recommendations from health officials. This experiment allows us to …
Persistent link: https://www.econbiz.de/10012237791
Persistent link: https://www.econbiz.de/10011861985