We review the recent literature on the determinants and effects of housing market expectations. We begin by providing an overview of existing surveys that elicit housing …
A Fuster, B Zafar - Handbook of Economic Expectations, 2023 - Elsevier
In this chapter, we discuss field experiments in surveys that are conducted with the purpose of learning about expectation formation and the link between expectations and behavior. We …
T Hanspal, A Weber, J Wohlfart - Review of Economics and Statistics, 2021 - direct.mit.edu
We survey a representative sample of US households to study how exposure to the COVID- 19 stock market crash affects expectations and planned behavior. Wealth shocks are …
We show that past inflation experiences strongly predict homeownership within and across countries. First, we collect novel survey data, which reveal inflation protection to be a key …
We 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 …
Marginal outcome tests compare the expected effects of a decision on individuals who are of different races but at the same indifference point of the decision-maker. I present a simple …
Do perceptions about how the government spends tax dollars affect the willingness to pay taxes? We designed a field experiment to test this hypothesis in a natural, high-stakes …
Although there is abundant evidence on individual preferences for policies that reduce national inequality, there is very little evidence on preferences for policies addressing global …
Real and private-value assets—defined here as the sum of real estate, infrastructure, collectibles, and noncorporate business equity—compose an investment class worth an …