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Using randomized control trials (RCTs) applied over time in different countries, we study how the economic environment affects how agents learn from new information. We show that as inflation has recently risen in advanced economies, both households and firms have become more attentive and...
Persistent link: https://www.econbiz.de/10014377208
Using randomized control trials (RCT) applied over time in different countries, we study how the economic environment affects how agents learn from new information. We show that as inflation has risen in developed economies, both households and firms have become more attentive and informed about...
Persistent link: https://www.econbiz.de/10014388422
Persistent link: https://www.econbiz.de/10012002053
Persistent link: https://www.econbiz.de/10012160940
Using randomized control trials (RCTs) applied over time in different countries, we study how the economic environment affects how agents learn from new information. We show that as inflation has recently risen in advanced economies, both households and firms have become more attentive and...
Persistent link: https://www.econbiz.de/10014349461
Using randomized control trials (RCTs) applied over time in different countries, we study how the economic environment affects how agents learn from new information. We show that as inflation has recently risen in advanced economies, both households and firms have become more attentive and...
Persistent link: https://www.econbiz.de/10014353363
Persistent link: https://www.econbiz.de/10014328193
Using data from a unique and novel monthly firm-level survey on inflation expectations in Uruguay we first present stylized facts about the inflation expectation formation process and then show how information acquisition affects firms' inflation expectations. We show that firms' forecasts are...
Persistent link: https://www.econbiz.de/10012872050
Persistent link: https://www.econbiz.de/10012505102
Using randomized control trials (RCTs) applied over time in different countries, we study how the economic environment affects how agents learn from new information. We show that as inflation has recently risen in advanced economies, both households and firms have become more attentive and...
Persistent link: https://www.econbiz.de/10014322872