Does salient information on social media influence individuals' economic decisions and beliefs? Using aggregated data from Facebook and a difference-in-differences strategy, I show that individuals who are socially connected to someone affected by Hurricane Harvey are more likely to purchase...

Mobile phones are being used to improve one’s economic situation by increasing the efficiency of day-to-day decision making by reducing transaction costs. At the same time, entertainment services on mobile phones, while not bringing any productive value to the user, are quite popular. However...