We review recent advances in the literature on news consumption. We first provide an overview of different empirical techniques to measure news consumption, including browser data, TV viewership data, and survey-based measures. We also discuss the pros and cons of these different techniques. We...

We review recent advances in the literature on news consumption. We first provide an overview of different empirical techniques to measure news consumption, including browser data, TV viewership data, and survey-based measures. We also discuss the pros and cons of these different techniques. We...

We survey retail investors at an online bank to study beliefs about the autocorrelation of aggregate stock returns, and how these beliefs shape investment decisions measured in administrative account data. Individuals' beliefs exhibit substantial heterogeneity and predict trading responses to...

We study the use of popular rationales to justify public anti-minority actions. Rationales to oppose minorities change some people's private opinions, leading them to take anti-minority actions even if they are not prejudiced against minorities. When these rationales become widespread,...

We provide evidence on narratives about the macroeconomy—the stories people tell to explain macroeconomic phenomena—in the context of a historic surge in inflation. We measure economic narratives in open-ended survey responses and represent them as Directed Acyclic Graphs. We apply this...

Information provision experiments have become pivotal in understanding how beliefs influence human behavior in various social science contexts. These experiments, which manipulate the information sets available to respondents, enable the exogenous alteration of beliefs and perceived constraints,...