Showing 1 - 10 of 299
Persistent link: https://www.econbiz.de/10014427416
Persistent link: https://www.econbiz.de/10014388452
Persistent link: https://www.econbiz.de/10012496006
Persistent link: https://www.econbiz.de/10012800442
Persistent link: https://www.econbiz.de/10012483019
Using surveys of households across thirteen countries, we study how much individuals would be willing to pay to eliminate business cycles. These direct estimates are much higher than traditional measures following Lucas (2003): on average, households would be prepared to sacrifice around 5-6% of...
Persistent link: https://www.econbiz.de/10015326470
Using data from a large survey of American households, we compare density forecasts elicited with bins- and scenarios-based questions. We show that inflation density forecasts are sensitive to the survey question designs used to elicit them. The within-person discrepancy is smaller, but still...
Persistent link: https://www.econbiz.de/10014544685
Using randomized control trials (RCTs) applied over time in different countries, we study how the economic environment affects how agents learn from new information. We show that as inflation has recently risen in advanced economies, both households and firms have become more attentive and...
Persistent link: https://www.econbiz.de/10014322872
Persistent link: https://www.econbiz.de/10014328193
Persistent link: https://www.econbiz.de/10014251764