effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and …, which are stronger for younger households and those in lower income and wealth quintiles. Expectations about household … upward adjustments in expectations about household debt, desired working hours, and retirement age. Finally, respondents …

We study the effect of communicating student-specific teacher expectations on academic performance. We randomize … whether students (a) receive high-performance expectations, (b) are additionally paired with a classmate for encouragement, (c …) receive information about past performance, or (d) receive no message. Expectations increase math scores by 0.19σ, with …

substantially. We document this fact by comparing an easy-to-grasp expectations-based policy, unconventional fiscal policy, with a … consumption via managing inflation expectations based on the Euler equation. Unconventional fiscal policy uses trivial … announcements of future consumer-price increases to boost inflation expectations and consumption expenditure on impact. Instead …

Subjective expectations about future policy play an important role in individuals' welfare. We examine how workers …' expectations about pension reform vary with proximity to reforms, information cost, and aggregate information acquisition. We …-level representative survey data on expectations about future reforms and countrylevel data on online search. We find: (1) Expectations are …

Subjective expectations about future policy play an important role in individuals' welfare. We examine how workers …' expectations about pension reform vary with proximity to reforms, information cost, and aggregate information acquisition. We …-level representative survey data on expectations about future reforms and country-level data on online search. We find: (1) Expectations …

findings provide insights to public authorities on how to announce lockdown measures and manage people's expectations. …

unconventional policies that aim to increase households' spending directly through managing their expectations. We first show … theoretically and empirically that higher in ation expectations increase households' consumption. We then design a difference … demand via managing expectations. Whereas unconventional fiscal policy increases households' expectations and spending …

return beliefs mirrors the importance of exerting self-control, such that return expectations first increase as the exam … find this prediction confirmed: average subjective expectations of returns increase by about 20% over the period before the …