Narrow search
Showing 1 - 10 of 224
Cover Image
Attention to the macroeconomy
Link, Sebastian; Peichl, Andreas; Roth, Christopher; … - 2023
We provide evidence on the dynamics, drivers, and consequences of attention to the macroeconomy using tailored panel surveys of German firms and households. Draw-ing on novel measures of attention based on open-ended questions collected before and during a historic shock to inflation, we...
Persistent link: https://www.econbiz.de/10014382474
Cover Image
Information frictions among firms and households
Link, Sebastian; Peichl, Andreas; Roth, Christopher; … - 2021
We leverage survey data from Germany, Italy, and the US to document several novel stylized facts about the extent of information frictions among firms and households. First, firms’ expectations about the central bank policy rate, inflation, and aggregate unemployment are more aligned with...
Persistent link: https://www.econbiz.de/10012491615
Cover Image
Information frictions among firms and households
Link, Sebastian; Peichl, Andreas; Roth, Christopher; … - 2022
We survey samples of German firms and households to document novel stylized facts about the extent of information frictions among the two groups. First, firms' expectations about macroeconomic variables are closer to expert forecasts and less dispersed than households', consistent with higher...
Persistent link: https://www.econbiz.de/10012818403
Cover Image
Information frictions among firms and households
Link, Sebastian; Peichl, Andreas; Roth, Christopher; … - 2022
We survey samples of German firms and households to document novel stylized facts about the extent of information frictions among the two groups. First, firms' expectations about macroeconomic variables are closer to expert forecasts and less dispersed than households', consistent with higher...
Persistent link: https://www.econbiz.de/10012886985
Cover Image
Attention to the macroeconomy
Link, Sebastian; Peichl, Andreas; Roth, Christopher; … - 2023
Attention to the economy plays a key role in canonical macro models, yet its empirical properties are not well understood. We collect novel measures of attention to the economy based on open-ended survey questions. Our measures are included in tailored panel surveys of German firms and...
Persistent link: https://www.econbiz.de/10014447716
Cover Image
Information frictions among firms and households
Link, Sebastian; Peichl, Andreas; Roth, Christopher; … - 2021
We use surveys of German households and firms to study the extent of information frictions among different groups of economic agents. Firms' expectations about the central bank policy rate, inflation, and aggregate unemployment are more aligned with expert forecasts and less dispersed than...
Persistent link: https://www.econbiz.de/10013335954
Cover Image
Do retirement savings increase in response to information about retirement and expected pensions?
Dolls, Mathias; Doerrenberg, Philipp; Peichl, Andreas; … - 2018
How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide … evidence that this is not due to a crowding-out of other forms of savings. We also show that labor earnings, i.e. the most …
Persistent link: https://www.econbiz.de/10011782119
Cover Image
Expectation management of policy leaders : evidence from COVID-19
Haan, Peter; Peichl, Andreas; Schrenker, Annekatrin; … - 2021
This paper studies how the communication of political leaders affects the expectation formation of the public. Specifically, we examine the expectation management of the German government regarding COVID-19-related regulatory measures during the early phase of the pandemic. We elicit beliefs...
Persistent link: https://www.econbiz.de/10013190881
Cover Image
Attention to the macroeconomy
Link, Sebastian; Peichl, Andreas; Roth, Christopher; … - 2023
Attention to the economy plays a key role in canonical macro models, yet its empirical properties are not well understood. We collect novel measures of attention to the economy based on open-ended survey questions. Our measures are included in tailored panel surveys of German firms and...
Persistent link: https://www.econbiz.de/10014445279
Cover Image
Do Retirement Savings Increase in Response to Information About Retirement and Expected Pensions?
Dolls, Mathias - 2018
How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide … evidence that this is not due to a crowding-out of other forms of savings. We also show that labor earnings, i.e. the most …
Persistent link: https://www.econbiz.de/10012925277