When surveys rely on repeat participants, this raises the possibility that survey participation may affect future responses, perhaps by prompting information acquisition between survey waves. We show that these "learning-through-survey" effects are large for household inflation expectations....

Expected inflation is a central variable in economic theory. Economic historians have estimated historical inflation expectations for a variety of purposes, including studies of the Fisher effect, the debt deflation hypothesis, central bank credibility, and expectations formation. I survey the...

This letter uses consumer survey data to estimate expectations-augmented Phillips curves with inflation expectations disaggregated by socioeconomic and demographic groups. The inflation expectations of high-income, college-educated, male, and working-age people play a larger role in inflation...

Social science research studies are frequently conducted on Amazon Mechanical Turk (MTurk). I use data from four previous economics studies conducted on Amazon Mechanical Turk, with a total of 2780 observations, to study how participant characteristics and behaviors depend on the day of the week...

Households were surveyed in the days immediately before and after the June release of the Consumer Price Index (CPI). The CPI release was associated with an 11 percentage point increase in the likelihood that a respondent heard news about inflation, with a larger increase for highly-numerate...

The effectiveness of monetary policy and the political legitimacy of the Federal Reserve depend on monetary policymakers' ability to communicate with the public, which in turn depends in part on the news media. While the finance and economics literature has investigated select aspects of...

Although uncertainty plays an important role in economic decisionmaking, empirical measures of individuals' uncertainty are rare. The literature on cognition and communication documents that people use round numbers to convey uncertainty. This paper introduces a method of quantifying the...