We document novel survey-based facts about preferred long-run inflation rates among US consumers. Consumers on average … prefer a 0.20% annual inflation rate, well below the Federal Reserve's 2% target. Inflation preferences not only correlate … that two narratives based on economic models-describing how inflation lowers the real value of wages and money holdings …

' volatility. We introduce a novel and extensive dataset that combines information from social media platforms, news articles … releases is related to higher contemporaneous volatility. Further, retail investor attention increases the post …-announcement volatility, whereas institutional investor attention has a small but negative impact on volatility on days following news …

therefore strengthens the shock propagation channel. As a result, it may amplify the volatility of both the underlying assets … and the ETF pricing gap. At the same time, introducing new ETFs may reduce both the volatility and co-movement in the …