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optimistic if they expect higher GDP growth and trust the government in dealing with the crisis, whereas having stronger concerns …
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This paper investigates the direct and indirect effects of others' beliefs on respondents' own beliefs and consumer sentiment. Conducting consumer surveys with randomized control trials (RCTs) in Thailand and Vietnam during the COVID-19 pandemic, we implement two information treatments. Both...
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durable spending. Possible channels for these effects include more optimistic macroeconomic expectations and higher trust in …
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durable spending. Possible channels for these effects include more optimistic macroeconomic expectations and higher trust in …
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