Um Verbraucher*innen einen verinnerlichenden Zugang zum Zweinutzungshuhn anzubieten und deren sensorischen Beurteilung in einer größeren Stichprobe zu erfassen, wurde in der vorliegenden Studie eine Verkostung von Zweinutzungshahnenfleisch in der Gemeinschaftsverpflegung in Baden-Württemberg...

The gender gap in inflation expectations, women reporting systematically higher expectations in consumer surveys, has been attributed to traditional gender norms, and thus women’s greater exposure to volatile food prices. This overlooks a crucial factor: financial answer confidence. Using data...

Um Verbraucher*innen einen verinnerlichenden Zugang zum Zweinutzungshuhn anzubieten und deren sensorischen Beurteilung in einer größeren Stichprobe zu erfassen, wurde in der vorliegenden Studie eine Verkostung von Zweinutzungshahnenfleisch in der Gemeinschaftsverpflegung in Baden-Württemberg...

We examine how people's forecasts for oil or gasoline prices influence their forecasts for broader inflation. We find little evidence from two US household surveys that people over-react to their beliefs about gasoline prices when formulating their forecasts about inflation, with much of the...

We use an experiment to test whether consumers optimally acquire information on energy costs in appliance markets where, like many contexts, consumers are poorly informed and make mistakes despite freely available information. To test for optimal information acquisition we compare the average...

With consumers increasingly questioning the role of business in creating social value, it is essential for most firms to address corporate responsibility in ways that go beyond the minimum legal requirement and to communicate their various societal contributions. However, corporate social...

We examine how people's forecasts for oil or gasoline prices influence their forecasts for broader inflation. We find little evidence from two US household surveys that people over-react to their beliefs about gasoline prices when formulating their forecasts about inflation, with much of the...

We use an experiment to test whether consumers optimally acquire information on energy costs in appliance markets where, like many contexts, consumers are poorly informed and make mistakes despite freely available information. To test for optimal information acquisition we compare the average...

We provide a unified analysis of taxation and taxpayer education when individuals have an incomplete understanding of a complex tax system. The analysis is independent of whether income is earned legitimately, or by avoiding or evading taxes. In this sense, learning about tax minimization...

We survey a representative sample of the U.S. population to understand stakeholders’ desire to see their firms exit Russia after the invasion of Ukraine. 61% of respondents think that firms should exit Russia, regardless of the consequences. Only 37% think that leaving Russia is a purely...

When multiple forces potentially underlie discriminatory behavior, pinning down the precise sources becomes a challenge, making proposed policy solutions speculative. This study introduces an empirical approach, tightly linked to theory, to dissect two specific channels of discrimination:...

Using surveys of households across thirteen countries, we study how much individuals would be willing to pay to eliminate business cycles. These direct estimates are much higher than traditional measures following Lucas (2003): on average, households would be prepared to sacrifice around 5-6% of...

"How large American retailers outgrew the capacity of government to regulate themThe United States is widely recognized as the quintessential consumer society, one where huge companies like Walmart and Amazon are famous for enticing customers with cheap goods and speedy delivery. Attention,...

1. Introduction / Eda Sahin-Sengül and Serkan Kaya -- 2. Consumer ADR in the EU / Serkan Kaya and Eda Sahin-Sengül -- 3. Consumer ADR in the UK / Eda Sahin-Sengül and Serkan Kaya -- 4. Consumer ADR in Turkey / Serkan Kaya and Eda Sahin-Sengül -- 5. Consumer ADR in Chile / Rodrigo Momberg,...

Die Inflationsrate hat im Euroraum zuletzt einen Höchstwert erreicht. Neben der amtlich gemessenen Inflationsrate wurde die subjektive Inflationswahrnehmung hingegen wenig beachtet. Dieser Beitrag füllt diese Lücke, indem auf Grundlage einer repräsentativen Befragung die subjektive...

The COVID-19 pandemic has shown once again that it is often the poor who suffer from economic downturn in times of crisis. As was the case in the financial crisis of 2008, we now have an opportunity to rethink the role of consumer credit in society and design and create a legal framework that...

This policy brief discusses trends in consumer inflation uncertainty. Inflation uncertainty measures are from the Federal Reserve Bank of New York Survey of Consumer Expectations and from the Michigan Survey of Consumers

The literature on new goods and social welfare generally assumes that innovations are developed by manufacturers. But innovation by users has been found to also be an important part of innovative activity in the economy. In this paper we explore the impact of users as a source of innovation on...

In recent years, most mobile apps have started tracking consumers' location and movement patterns. This type of tracking can allow firms that access these data to better predict consumers' future behaviors and to send targeted communications. However, such tracking also raises privacy concerns...

We survey a representative sample of the U.S. population to understand stakeholders’ desire to see their firms exit Russia after the invasion of Ukraine. 61% of respondents think that firms should exit Russia, regardless of the consequences. Only 37% think that leaving Russia is a purely...

Based on indirect utility theory, we introduce a novel methodology of measuring inflation expectations indirectly. This methodology starts at the individual level, asking consumers about the change in income required to buy the same amounts of goods and services one year ahead. Analytically, our...

Die steile Entwicklung der Gaspreise hat die Strompreise im vergangenen Jahr in bislang ungeahnte Höhen klettern lassen. Satte Zusatzgewinne gemacht haben die Betreiber von Anlagen für erneuerbare Energien - und zwar indirekt auf Kosten der VerbraucherInnen, die kräftig draufzahlen mussten....

Consumers' inflation expectations play a key role in the monetary transmission mechanism. As such, it is crucial for monetary policymakers to understand what they are and how they are formed. In this paper we introduce the (un)certainty channel as means to shed light on some of the more puzzling...

Verbraucherinnen und Verbraucher können durch ihr Konsumverhalten auf die Märkte Einfluss nehmen – sei es durch die bewusste Wahl oder Ablehnung bestimmter Produkte und Konsummuster, sei es durch lautstarken Protest, z.B. in Demonstrationen gegen den Klimawandel. Doch wie weit reicht die...

We examine the formation of inflation expectations of US consumers, capturing the impact of their other macroeconomic expectations and self-assessments regarding risk aversion and health. Our results suggest that expectations regarding various macroeconomic variables, e.g., expected developments...

We provide a unified analysis of taxation and taxpayer education when individuals have an incomplete understanding of a complex tax system. The analysis is independent of whether income is earned legitimately, or by avoiding or evading taxes. In this sense, learning about tax minimization...

Can monetary policy stimulate consumption through inflation expectations? We study how US consumers revise inflation expectations and planned consumption in response to monetary policy shocks using VAR models, where we identify exogenous policy shocks with interest rate surprises around FOMC...

Die Inflationsrate hat im Euroraum zuletzt einen Höchstwert erreicht. Neben der amtlich gemessenen Inflationsrate wurde die subjektive Inflationswahrnehmung hingegen wenig beachtet. Dieser Beitrag füllt diese Lücke, indem auf Grundlage einer repräsentativen Befragung die subjektive...

The COVID-19 pandemic has shown once again that it is often the poor who suffer from economic downturn in times of crisis. As was the case in the financial crisis of 2008, we now have an opportunity to rethink the role of consumer credit in society and design and create a legal framework that...

A recent literature considers the identification of heterogeneous demand and supply models via "quasi-experimental'' variation, as from instrumental variables. In this paper we establish nonparametric identification of differentiated products demand when one has "micro data'' linking...