Narrow search
Showing 1 - 10 of 127
Cover Image
Tell me something I don't already know : learning in low and high-inflation settings
Weber, Michael; Candia, Bernardo; Afrouzi, Hassan; … - 2024
environment affects how agents learn from new information. We show that as inflation rose in advanced economies, both households … and firms became more attentive and informed about publicly available news about inflation, leading them to respond less … to exogenously provided information about inflation and monetary policy. We also study the effects of RCTs in countries …
Persistent link: https://www.econbiz.de/10014490479
Cover Image
Tell me something I don't already know: Learning in low and high-inflation settings
Weber, Michael; Candia, Bernardo; Afrouzi, Hassan; … - 2024
environment affects how agents learn from new information. We show that as inflation rose in advanced economies, both households … and firms became more attentive and informed about publicly available news about inflation, leading them to respond less … to exogenously provided information about inflation and monetary policy. We also study the effects of RCTs in countries …
Persistent link: https://www.econbiz.de/10014543627
Cover Image
How Did U.S. Consumers Use Their Stimulus Payments?
Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020
Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15...
Persistent link: https://www.econbiz.de/10012270282
Cover Image
The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications
Weber, Michael; D’Acunto, Francesco; Gorodnichenko, Yuriy - 2022
Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal … microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants …
Persistent link: https://www.econbiz.de/10013351930
Cover Image
The effect of macroeconomic uncertainty on household spending
Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - 2021
Using a new survey of European households, we study how exogenous variation in the macroeconomic uncertainty perceived by households affects their spending decisions. We use randomized information treatments that provide different types of information about the first and/or second moments of...
Persistent link: https://www.econbiz.de/10012605253
Cover Image
Tell Me Something I Don't Already Know: Learning in Low and High-Inflation Settings
Weber, Michael; Candia, Bernardo; Ropele, Tiziano; … - 2023
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 informed about inflation, leading them to respond less to exogenously … provided information about inflation and monetary policy. We also study the effects of RCTs in countries where inflation has …
Persistent link: https://www.econbiz.de/10014377208
Cover Image
Tell me something I don't already know: Learning in low- and high-inflation settings
Weber, Michael; Candia, Bernardo; Ropele, Tiziano; … - 2023
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 inflation, leading them to respond less to exogenously provided … information about inflation and monetary policy. This observation holds for both firms and households. We also study the effects …
Persistent link: https://www.econbiz.de/10014388422
Cover Image
The Effect of Macroeconomic Uncertainty on Household Spending
Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - 2021
Using a new survey of European households, we study how exogenous variation in the macroeconomic uncertainty perceived by households affects their spending decisions. We use randomized information treatments that provide different types of information about the first and/or second moments of...
Persistent link: https://www.econbiz.de/10012597359
Cover Image
How Did U.S. Consumers Use Their Stimulus Payments?
Coibion, Olivier - 2020
Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15...
Persistent link: https://www.econbiz.de/10012825012
Cover Image
How Did U.S. Consumers Use Their Stimulus Payments?
Coibion, Olivier - 2020
Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor-supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15...
Persistent link: https://www.econbiz.de/10012825450