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This article sheds light on the impact of the media on economists' expectations for future economic developments. We … conducted a worldwide economic expert survey and find that the media provides most economists with valuable information that … countries with authoritarian regimes. Moreover, the experts estimate the influence of the media remarkably higher on others than …
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This paper examines the influence of third-party observation and third-party reward on behavior in an experimental prisoner's dilemma (PD) game. Whereas the existing literature on third-party intervention as a means to sustain social norms has dealt almost exclusively with third-party...
Persistent link: https://www.econbiz.de/10009733210
shootings lead to decreases in productivity. Further, we find that greater national media coverage of shootings exacerbates …
Persistent link: https://www.econbiz.de/10013285503
We use the US presidential election on 3 November 2020 to examine how the US president influences economic expectations of international experts. We design a large-scale RCT among 843 experts working in 107 countries, asking about their expectations regarding GDP growth, unemployment, inflation,...
Persistent link: https://www.econbiz.de/10012417461
Several recent surveys ask for a person's subjective probabilities that the in- ation rate falls into various outcome ranges. We provide a new measure of the uncertainty implicit in such probabilities. The measure has several advantages over existing methods: It is trivial to implement, requires...
Persistent link: https://www.econbiz.de/10012153653
We use the US presidential election on 3 November 2020 to examine how the US president influences economic expectations of international experts. We design a large-scale RCT among 843 experts working in 107 countries, asking about their expectations regarding GDP growth, unemployment, inflation,...
Persistent link: https://www.econbiz.de/10012504604
Can one single political leader influence macroeconomic expectations on a global scale? We design a large-scale survey experiment among influential economic experts working in more than 100 countries and use the 2020 US presidential election as a quasi-natural experiment to identify the effect...
Persistent link: https://www.econbiz.de/10013383634
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