Surveys are an essential approach for eliciting otherwise invisible factors such as
perceptions, knowledge and beliefs, attitudes, and reasoning. These factors are critical …

Numerous studies regress log earnings on schooling and report estimated coefficients as
“Mincer rates of return”. A more recent literature uses instrumental variables. This chapter …

Abstract Information provision experiments allow researchers to test economic theories and
answer policy-relevant questions by varying the information set available to respondents …

Households' and firms' subjective inflation expectations play a central role in
macroeconomic and intertemporal microeconomic models. We discuss how subjective …

We use an innovative survey tool to collect management practice data from 732 medium-
sized firms in the United States, France, Germany, and the United Kingdom. These …

We document and evaluate how businesses are reacting to the COVID-19 crisis through
August 2020. First, on net, firms see the shock (thus far) largely as a demand rather than …

Subjective beliefs are crucial for economic inference, yet behavior can challenge the
elicitation. We propose that belief elicitation should be incentive compatible not only …

We study a newly designed survey administered to a large panel of wealthy retail investors.
The survey elicits beliefs that are important for macroeconomics and finance, and matches …

The 2020 CARES Act directed large cash payments to households. We analyze households'
spending responses using data from a Fintech nonprofit, exploring heterogeneity by income …

We assess the prospects for central banks using inflation expectations as a policy tool for
stabilization purposes. We review recent work on how expectations of agents are formed …