. We further explore potential mechanisms, and the impact of different types of narratives, by analyzing self …-reported classifications of, and employing natural language processing techniques on, participants' narratives. …

We provide evidence on narratives about the macroeconomy-the stories people tell to explain macroeconomic phenomena … measure economic narratives in open-ended survey responses and represent them as Directed Acyclic Graphs. Households …' narratives are strongly heterogeneous, coarser than experts' narratives, focus more on the supply side than on the demand side …