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The Effect of Macroeconomic Uncertainty on Household Spending
Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - 2021
luxury goods. Moreover, uncertainty reduces household propensity to invest in mutual funds. These results support the notion … that macroeconomic uncertainty can impact household decisions and have large negative effects on economic outcomes …
Persistent link: https://www.econbiz.de/10013236401
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Keeping up with the Jansens : causal peer effects on household spending, beliefs and happiness
Rooij, Maarten van; Coibion, Olivier; Georgarakos, Dimitris - 2024
How strong are peer effects on the beliefs and spending decisions of individuals? We use a randomized control study in which treated households are told about either average income or debt of individuals like them to assess how peer effects influence their beliefs and spending. The information...
Persistent link: https://www.econbiz.de/10014464114
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Keeping up with the Jansens : causal peer effects on household spending, beliefs and happiness
Rooij, Maarten van; Coibion, Olivier; Georgarakos, Dimitris - 2024
Persistent link: https://www.econbiz.de/10014545272