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We study a newly-designed survey administered to a large panel of wealthy retail investors. The survey elicits beliefs …
Persistent link: https://www.econbiz.de/10012872306
household expenditures? We study the sources of the relevant official statistics—the Current Population Survey (CPS), the … Behavioral Risk Factor Surveillance System (BRFSS), and the Consumer Expenditure Survey (CEX)—and find that the answers depend on …
Persistent link: https://www.econbiz.de/10012989125
Motivated by the observation that survey expectations of stock returns are inconsistent with rational return … pricing literature are consistent with the survey evidence. We empirically test (1) the notion that survey forecasts … constitute rational but risk-neutral forecasts of future returns, and (2) the notion that survey forecasts are ambiguity averse …
Persistent link: https://www.econbiz.de/10012909905
-year look-ahead horizon. In terms of question design, our key innovation is to let survey respondents freely select support … collection, we develop and field a new monthly panel Survey of Business Uncertainty. The SBU began in 2014 and now covers about 1 …
Persistent link: https://www.econbiz.de/10013225152
Estimates of volunteering in the United States vary greatly from survey to survey and do not show the decline over time … survey participation, in particular the propensity of people who do volunteer work to respond to surveys at higher rates than … data from the American Time Use Survey (ATUS) -- the sample for which is drawn from Current Population Survey (CPS …
Persistent link: https://www.econbiz.de/10012753585