Cevat Giray Aksoy, EBRD und King's College London, Panu Poutvaara, ifo Institut, und Felicitas Schikora, Konrad-Adenauer-Stiftung, zeigen, dass der aktuelle Verteilungsmechanismus von Geflüchteten in Deutschland mit erheblichen Kosten für Geflüchtete einhergeht, die in Landkreisen mit einem...

We use novel survey data to estimate how personal experiences affect household expectations about aggregate economic outcomes in housing and labor markets. We exploit variation in locally experienced house prices to show that individuals systematically extrapolate from recent locally experienced...

We use novel survey data to estimate how personal experiences affect household expectations about aggregate economic outcomes in housing and labor markets. We exploit variation in locally experienced house prices to show that individuals systematically extrapolate from recent locally experienced...

The recent house price experiences within an individual’s social network affect her perceptions of the attractiveness of property investments, and through this channel have large effects on her housing market activity. Our data combine anonymized social network information from Facebook with...