This paper studies the impact of Higher Order Belief shocks, representing shifts in agents' beliefs about others' beliefs, on macroeconomic outcomes. The dynamic causal effects of these shocks are identified by leveraging a combination of a proxy-VAR approach and DSGEbased instruments. Our...

Gender gaps in labor supply and household responsibilities persist. Using representative survey data from 24,000 respondents across six countries, this paper explores the actual and perceived preferences of men for couple equity. We document that in all six countries the majority of men state...

The growing political polarization may influence a critical input for policymaking: people's economic expectations. This study examines whether political preferences shape individuals' forecasts for key economic indicators (using a preregistered online experiment in the context of Argentina's...