I study the role of firms' uncertainty in the transmission of forward guidance to investment. To do so, I employ a … uncertain adjust their investment as if they are more pessimistic. Put differently, more uncertain firms adjust their investment …

We conduct laboratory experiments with human subjects to test the rationale of adopting a band versus point inflation …

predictions and their implications for monetary policy. We probe these predictions using a laboratory experiment with induced … cost of tracking the interest rate; (2) more informed and deliberate consumption/investment choices when the monetary … investment when their perception of the outlook deteriorates. These experimental and theoretical findings agree with the …

potential driver of gender wealth inequality, since women are known to be more risk averse, less financially literate, and to … participate less in the financial markets than men do. This study focuses on the stock market investment behavior of US households … and examines whether monetary policy affects the investment decisions of women and men differently. While monetary policy …

foods. In a within-subjects longitudinal experiment with 697 low-income Chinese high school students we find strong present …

laboratory experiment that incorporates more aspects of real world complexity and more different sorts of official and private … Theory. SKAT allows for risk effects from stages omitted in normal models, including those from (a) difficulties of agents in …

laboratory experiment that incorporates more aspects of real world complexity and more different sorts of official and private … Theory. SKAT allows for risk effects from stages omitted in normal models, including those from (a) difficulties of agents in … regime ; exchange rate volatility ; experiment ; SKAT the Stages of Knowledge Ahead Theory ; monetary policy ; transparent …