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Macroeconomic Expectations and Credit Card SpendingMikhail Galashin
The Review of financial studiesWe examine how macroeconomic expectations affect consumer decisions, using an experiment with 2,872 credit card customers at a large commercial bank.
Mikhail Galashin +2 more
semanticscholar +1 more source
Beliefs about the Stock Market and Investment Choices: Evidence from a Survey and a Field Experiment
The Review of financial studiesWe survey retail investors at an online bank to study how beliefs about the autocorrelation of aggregate stock returns shape investment decisions measured in administrative account data.
Christine Laudenbach +3 more
semanticscholar +1 more source
Segmentation and beliefs: A theory of self-fulfilling idiosyncratic risk
Journal of Economics TheoryWe study a multi-location model with financial market segmentation that permits self-fulfilling fluctuations. Such fluctuations are necessarily idiosyncratic, but their volatility varies systematically with an aggregate latent factor.
Paymon Khorrami, Alexander Zentefis
semanticscholar +1 more source
Learning from Inflation Experiences
, 2016Ulrike Malmendier, S. Nagel
semanticscholar +1 more source
Traders' Expectations in Asset Markets: Experimental Evidence
, 2007E. Haruvy, Yaron Lahav, C. Noussair
semanticscholar +1 more source

