Showing 1 - 10 of 15
We examine how beliefs about the debt-to-GDP ratio affect people's attitudes towards government spending and taxation. Using representative samples of the US population, we run a series of experiments in which we provide half of our respondents with information about the debt-to-GDP ratio in the...
Persistent link: https://www.econbiz.de/10013202249
We conduct an experiment with a representative sample from the US to study households' demand for macroeconomic information. Respondents who learn of a higher personal exposure to unemployment risk during recessions increase their demand for an expert forecast about the likelihood of a...
Persistent link: https://www.econbiz.de/10013202268
I conduct a pre-registered online survey experiment with a representative sample of the US population to study the relationship between people's beliefs about the size of the gender wage gap and their demand for policies aimed at mitigating it. While the correlation between beliefs and policy...
Persistent link: https://www.econbiz.de/10013202243
We study the role of cost-benefit considerations in driving public acceptance of non-pharmaceutical interventions (NPIs) during the Covid-19 pandemic. In a large-scale online survey experiment with a representative sample of the US population, we introduce exogenous variation in the perceived...
Persistent link: https://www.econbiz.de/10013202261
Attention to the economy plays a key role in canonical macro models, yet its empirical properties are not well understood. We collect novel measures of attention to the economy based on open-ended survey questions. Our measures are included in tailored panel surveys of German firms and...
Persistent link: https://www.econbiz.de/10014551557
We examine the relative importance of accuracy concerns and belief confirmation motives in driving the demand for news. In experiments with US voters, we first vary beliefs about whether an outlet reports the news in a right-wing biased, left-wing biased, or unbiased way. We then measure demand...
Persistent link: https://www.econbiz.de/10014551632
We survey the recent literature in economics measuring what is on top of people's minds using open-ended questions. We first provide an overview of studies in political economy, macroeconomics, finance, labor economics, and behavioral economics that have employed such measurement. We next...
Persistent link: https://www.econbiz.de/10014551633
How do households adjust their spending behavior in response to changes in home price expectations? We conduct a field experiment with a sample of Americans that links survey data on home price expectations to actual spending behavior as measured in a rich home-scanner dataset. In the experiment...
Persistent link: https://www.econbiz.de/10014551644
Using a sample of 2,200 households representative of the US population and a sample of more than 1,000 experts, we measure beliefs about how aggregate unemployment and in ation respond to different macroeconomic shocks. Expert predictions are quantitatively close to standard DSGE models and VAR...
Persistent link: https://www.econbiz.de/10013202241
We review methodological questions relevant for the design of information provision experiments. We first provide a literature review of major areas in which information provision experiments are applied. We then outline key measurement challenges and design recommendations that may be of help...
Persistent link: https://www.econbiz.de/10013202264