Results 1 to 10 of about 81,756 (48)
Central Bank Communication with the General Public: Promise or False Hope?
Social Science Research Network, 2022 Central banks are increasingly reaching out to the general public to motivate and explain their monetary policy actions. One major aim of this outreach is to ensure accountability and create trust; another is to guide inflation expectations. This article
A. Blinder +3 more
semanticscholar +1 more source
The Effect of Macroeconomic Uncertainty on Household Spending
Social Science Research Network, 2021 We use randomized treatments that provide different types of information about the first and/or second moments of future economic growth to generate exogenous changes in the perceived macroeconomic uncertainty of treated households.
Olivier Coibion +4 more
semanticscholar +1 more source
The salary taboo privacy norms and the diffusion of information
Journal of Public Economics, 2023 The diffusion of salary information has important implications for labor markets, such as for wage discrimination policies and collective bargaining. Despite the widespread view that transmission of salary information is imperfect and unequal, there is ...
Zoe Cullen, Ricardo Perez-Truglia
semanticscholar +1 more source
Narratives About the Macroeconomy
Social Science Research Network, 2023 We provide evidence on narratives about the macroeconomy—the stories people tell to explain macroeconomic phenomena—in the context of a historic surge in inflation.
Peter Andre +3 more
semanticscholar +1 more source
Gender Gaps in Early Wage Expectations
Social Science Research Network, 2023 IZA DP No. 15281 MAY 2022 Gender Gaps in Early Wage Expectations* Using detailed data from a unique survey of high school graduates in Germany, we document a gender gap in expected full-time earnings of more than 15%.
Andreas Leibing +3 more
semanticscholar +1 more source
How Do Firms Form Their Expectations? New Survey Evidence
The American Economic Review, 2018 We survey New Zealand firms and document novel facts about their macroeconomic beliefs. There is widespread dispersion in beliefs about past and future macroeconomic conditions, especially inflation.
Olivier Coibion +2 more
semanticscholar +1 more source
Overreaction in Macroeconomic Expectations
The American Economic Review, 2018 We study the rationality of individual and consensus forecasts of macroeconomic and financial variables using the methodology of Coibion and Gorodnichenko (2015), who examine predictability of forecast errors from forecast revisions.
P. Bordalo +3 more
semanticscholar +1 more source
Forward Guidance without Common Knowledge
The American Economic Review, 2018 How does the economy respond to news about future policies or future fundamentals? Standard practice assumes that agents have common knowledge of such news and face no uncertainty about how others will respond.
G. Angeletos, Chen Lian
semanticscholar +1 more source
A Statistical Explanation of the Dunning–Kruger Effect
Frontiers in Psychology, 2022 An explanation of the Dunning–Kruger effect is provided which does not require any psychological explanation, because it is derived as a statistical artifact.
J. Magnus, A. Peresetsky
semanticscholar +1 more source
Anchored Inflation Expectations
Social Science Research Network, 2020 We develop a theory of low-frequency movements in inflation expectations, and use it to interpret joint dynamics of inflation and inflation expectations for the United States and other countries over the postwar period.
Carlos M. Carvalho +4 more
semanticscholar +1 more source