Showing 1 - 10 of 667
forecasting exercise for the consumer confidence index with both traditional econometric strategies and machine learning …
Persistent link: https://www.econbiz.de/10012858409
We study the nature of peer effects in the market for new cell phones. Our analysis builds on de-identified data from Facebook that combine information on social networks with information on users' cell phone models. To identify peer effects, we use variation in friends' new phone acquisitions...
Persistent link: https://www.econbiz.de/10012869805
We conducted a randomized controlled trial testing the effect of modest incentives to attend the gym among new members of a fitness facility, a population that is already engaged in trying to change a health behavior. Our experiment randomized 836 new members of a private gym into a control...
Persistent link: https://www.econbiz.de/10012951892
Trust is vital for market development, but how can trust be enhanced in a marketplace? A common view is that more … trusting may help to build trust, especially in less developed economies. In this paper, we argue that more trusting may lead … to less trust. We set up a rational expectation model in which a marketplace uses buyer protection to promote buyer …
Persistent link: https://www.econbiz.de/10013083391
reducing consumer confidence and consumer demand? Is there also a supply-side channel through a tightened liquidity constraint … consumer confidence, based on its response to the 9/11 shock in 2001. We then construct a separate firm-level index on … important than reduced consumer confidence or spending in explaining cross-firm differences in stock price declines …
Persistent link: https://www.econbiz.de/10012770788
firms invest and hire less. The higher uncertainty reduces agents' confidence and further discourages economic activity. We …
Persistent link: https://www.econbiz.de/10012977266
Do online communities segregate into separate conversations about “contestable knowledge”? We analyze the contributors of biased and slanted content in Wikipedia articles about U.S. politics, and focus on two research questions: (1) Do contributors display tendencies to contribute to topics...
Persistent link: https://www.econbiz.de/10012981096
This paper presents market-based evidence that President Trump influences expectations about monetary policy. We use tick-by-tick fed funds futures data and a collection of Trump tweets criticizing the conduct of monetary policy and consistently advocating that the Fed lower interest rates....
Persistent link: https://www.econbiz.de/10012862403
During the course of the COVID-19 pandemic, a common strategy for public health organizations around the world has been to launch interventions via advertising campaigns on social media. Despite this ubiquity, little has been known about their average effectiveness. We conduct a large-scale...
Persistent link: https://www.econbiz.de/10014079934
Following the 2016 U.S. presidential election, many have expressed concern about the effects of false stories (“fake news”), circulated largely through social media. We discuss the economics of fake news and present new data on its consumption prior to the election. Drawing on web browsing...
Persistent link: https://www.econbiz.de/10012964878