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findings provide insights to public authorities on how to announce lockdown measures and manage people's expectations. …
Persistent link: https://www.econbiz.de/10012207773
findings provide insights to public authorities on how to announce lockdown measures and manage people's expectations. …
Persistent link: https://www.econbiz.de/10012207947
effect of the coronavirus crisis on household income and retirement wealth, households' expectations about the recovery, and …, which are stronger for younger households and those in lower income and wealth quintiles. Expectations about household … upward adjustments in expectations about household debt, desired working hours, and retirement age. Finally, respondents …
Persistent link: https://www.econbiz.de/10012208009
Persistent link: https://www.econbiz.de/10012230924
Climate change policies have been rising to the top of the global political agenda, but how should governments finance them? Public economists propose solutions based on economic theory, but their political feasibility depends on voters’ support, and ordinary households often neglect economic...
Persistent link: https://www.econbiz.de/10013266692
. Further we find that narratives change subjects' expectations about the pandemic and the stock market. Hence our experiment …
Persistent link: https://www.econbiz.de/10012603372
We use survey data to demonstrate that individuals extrapolate from their peer groups when forming estimates about aggregate economic outcomes (e.g. the aggregate homeownership rate). In a first approach, we follow the previous literature and construct hypothetical peer groups using information...
Persistent link: https://www.econbiz.de/10013370144
are higher that companies are more likely to exhibit more pessimistic business expectations for the upcoming months on … Mondays and more optimistic expectations at the end of the week. The same holds for the assessment of the current business …
Persistent link: https://www.econbiz.de/10014469839
We examine the financial resilience of Austrian households, relating it to their experience of financial shocks earlier in life and to their financial literacy. We find that previous negative (positive) financial shocks are negatively (positively) related to financial resilience. Financial...
Persistent link: https://www.econbiz.de/10014476350
once we use subjective expectations of the number of visits per week at the time of contract choice. Next, we study how …
Persistent link: https://www.econbiz.de/10010398595