Showing 1 - 10 of 170
their inflation expectations, which we demonstrate with descriptive survey data and a series of experiments. Third, an …
Persistent link: https://www.econbiz.de/10013202291
measure beliefs about the effects of macroeconomic shocks on unemployment and inflation, providing respondents with identical …,500 US households and 1,500 experts, beliefs are widely dispersed, even about the directional effects of shocks, and there … are large differences in average beliefs between households and experts. Part of this disagreement seems to arise from …
Persistent link: https://www.econbiz.de/10012794516
series of experiments. Third, an experiment varying news consumption shows that the media is an important source of …
Persistent link: https://www.econbiz.de/10014377509
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 … attention to different aspects of the economy. Attention to the macroeconomy is characterized by large and persistent cross …
Persistent link: https://www.econbiz.de/10014469861
We provide evidence on the dynamics, drivers, and consequences of attention to the macroeconomy using tailored panel … surveys of German firms and households. Draw-ing on novel measures of attention based on open-ended questions collected before … and during a historic shock to inflation, we document three sets of results: First, at-tention to the macroeconomy is …
Persistent link: https://www.econbiz.de/10014475799
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 … attention to different aspects of the economy. Attention to the macroeconomy is characterized by large and persistent cross …
Persistent link: https://www.econbiz.de/10014445279
We provide evidence on the dynamics, drivers, and consequences of attention to the macroeconomy using tailored panel … surveys of German firms and households. Draw-ing on novel measures of attention based on open-ended questions collected before … and during a historic shock to inflation, we document three sets of results: First, at-tention to the macroeconomy is …
Persistent link: https://www.econbiz.de/10014382474
measure beliefs about the effects of macroeconomic shocks on unemployment and inflation, providing respondents with identical …,500 US households and 1,500 experts, beliefs are widely dispersed, even about the directional effects of shocks, and there are … large differences in average beliefs between households and experts. Part of this disagreement seems to arise from selective …
Persistent link: https://www.econbiz.de/10012663050
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 … attention to different aspects of the economy. Attention to the macroeconomy is characterized by large and persistent cross …
Persistent link: https://www.econbiz.de/10014447716
series of experiments. Third, an experiment varying news consumption shows that the media is an important source of …
Persistent link: https://www.econbiz.de/10014307680