Michael Weber

University of Chicago - Finance

5807 S. Woodlawn Avenue

Chicago, IL 60637

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

99

DOWNLOADS
Rank 968

SSRN RANKINGS

Top 968

in Total Papers Downloads

52,211

TOTAL CITATIONS
Rank 92

SSRN RANKINGS

Top 92

in Total Papers Citations

1,792

Scholarly Papers (99)

1.

ChatGPT and Corporate Policies

Chicago Booth Research Paper No. 23-15, Fama-Miller Working Paper , University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2023-103
Number of pages: 76 Posted: 26 Jul 2023 Last Revised: 05 Mar 2025
Manish Jha, Jialin Qian, Michael Weber and Baozhong Yang
Georgia State University - Department of Finance, Georgia State University - Department of Finance, University of Chicago - Finance and Georgia State University - J. Mack Robinson College of Business
Downloads 3,479 (7,354)
Citation 12

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AI, ChatGPT, Corporate Investment, Corporate Policies, Large Language Model, Managerial Expectations, Market Efficiency, Textual analysis

2.
Downloads 3,412 ( 7,554)
Citation 240

Dissecting Characteristics Nonparametrically

Number of pages: 105 Posted: 11 Aug 2016 Last Revised: 05 Aug 2018
University of Wisconsin-MadisonUniversity of Bonn, Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 2,509 (12,035)
Citation 1

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Cross Section of Returns, Anomalies, Expected Returns, Model Selection

Dissecting Characteristics Nonparametrically

Fama-Miller Working Paper, Chicago Booth Research Paper No. 17-32
Number of pages: 105 Posted: 20 Nov 2017 Last Revised: 27 Jul 2018
University of Wisconsin-MadisonUniversity of Bonn, Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 275 (238,119)

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Cross Section of Returns, Anomalies, Expected Returns, Model Selection

Dissecting Characteristics Nonparametrically

CESifo Working Paper Series No. 7187
Number of pages: 107 Posted: 16 Oct 2018
University of Wisconsin-MadisonUniversity of Bonn, Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 204 (320,171)
Citation 33

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cross section of returns, anomalies, expected returns, model selection

Dissecting Characteristics Nonparametrically

CESifo Working Paper Series No. 6391
Number of pages: 68 Posted: 12 Apr 2017
University of Wisconsin-MadisonUniversity of Bonn, Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 188 (345,625)

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cross section of returns, anomalies, expected returns, model selection

Dissecting Characteristics Nonparametrically

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2018-50
Number of pages: 106 Posted: 01 Aug 2018
University of Wisconsin-MadisonUniversity of Bonn, Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 146 (431,847)
Citation 4

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Cross Section of Returns, Anomalies, Expected Returns, Model Selection

Dissecting Characteristics Nonparametrically

NBER Working Paper No. w23227
Number of pages: 68 Posted: 19 Mar 2017 Last Revised: 19 Jun 2023
University of Wisconsin-MadisonUniversity of Bonn, Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 90 (624,439)
Citation 202

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3.
Downloads 2,298 (14,166)
Citation 1

Cybersecurity Risk

Review of Financial Studies, Forthcoming, Chicago Booth Research Paper No. 20-47, Swiss Finance Institute Research Paper No. 20-108
Number of pages: 95 Posted: 04 Nov 2020 Last Revised: 29 Mar 2022
University of Liverpool (UK), Cyprus University of Technology, The University of Hong Kong and University of Chicago - Finance
Downloads 1,707 (22,247)

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Cyber attacks, Risk Disclosures, Textual Analysis, Stock returns

Cybersecurity Risk

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-178
Number of pages: 73 Posted: 16 Dec 2020
University of Liverpool (UK), Cyprus University of Technology, The University of Hong Kong and University of Chicago - Finance
Downloads 384 (165,680)
Citation 1

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Cybersecurity Risk

NBER Working Paper No. w28196
Number of pages: 95 Posted: 19 Jan 2021 Last Revised: 17 Jul 2023
University of Liverpool (UK), Cyprus University of Technology, The University of Hong Kong and University of Chicago - Finance
Downloads 123 (496,974)

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Cybersecurity Risk

CESifo Working Paper No. 8760
Number of pages: 73 Posted: 15 Dec 2020
University of Liverpool (UK), Cyprus University of Technology, The University of Hong Kong and University of Chicago - Finance
Downloads 84 (652,216)

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Cash Flow Duration and the Term Structure of Equity Returns

Number of pages: 79 Posted: 27 Oct 2015 Last Revised: 12 Mar 2018
Michael Weber
University of Chicago - Finance
Downloads 835 (62,817)
Citation 2

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Dividend Strips, Short-sale constraints, Anomalies, Sentiment

Cash Flow Duration and the Term Structure of Equity Returns

Becker Friedman Institute for Research in Economics Working Paper No. 2016-21
Number of pages: 58 Posted: 07 Aug 2016
Michael Weber
University of Chicago - Finance
Downloads 419 (150,035)

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Cash Flow Duration and the Term Structure of Equity Returns

CESifo Working Paper Series No. 6043
Number of pages: 58 Posted: 10 Oct 2016
Michael Weber
University of Chicago - Finance
Downloads 286 (228,541)
Citation 3

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dividend strips, short-sale constraints, anomalies, sentiment

Cash Flow Duration and the Term Structure of Equity Returns

NBER Working Paper No. w22520
Number of pages: 58 Posted: 22 Aug 2016 Last Revised: 15 Jul 2023
Michael Weber
University of Chicago - Finance
Downloads 76 (692,358)
Citation 9

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Monetary Policy through Production Networks: Evidence from the Stock Market

Fama-Miller Working Paper , Chicago Booth Research Paper No. 17-31
Number of pages: 85 Posted: 20 Nov 2017 Last Revised: 10 Nov 2023
Ali K. Ozdagli and Michael Weber
Federal Reserve Banks - Federal Reserve Bank of Dallas and University of Chicago - Finance
Downloads 763 (70,774)
Citation 1

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Input-Output linkages, Spillover effects, Asset prices, High frequency identification

Monetary Policy Through Production Networks: Evidence from the Stock Market

Number of pages: 77 Posted: 23 Nov 2015 Last Revised: 08 Jun 2019
Ali K. Ozdagli and Michael Weber
Federal Reserve Banks - Federal Reserve Bank of Dallas and University of Chicago - Finance
Downloads 414 (152,084)

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Input-output linkages, Spillover effects, Asset prices, High frequency identification

Monetary Policy Through Production Networks: Evidence from the Stock Market

CESifo Working Paper Series No. 6486
Number of pages: 69 Posted: 19 Jun 2017
Ali K. Ozdagli and Michael Weber
Federal Reserve Banks - Federal Reserve Bank of Dallas and University of Chicago - Finance
Downloads 172 (374,778)

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input-output linkages, spillover effects, asset prices, high frequency identification

Monetary Policy through Production Networks: Evidence from the Stock Market

Becker Friedman Institute for Research in Economics Working Paper No. 2017-07
Number of pages: 66 Posted: 12 May 2017 Last Revised: 20 Nov 2017
Ali K. Ozdagli and Michael Weber
Federal Reserve Banks - Federal Reserve Bank of Dallas and University of Chicago - Finance
Downloads 79 (676,811)

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Input-Output Linkages, Spillover Effects, Asset Prices, High Frequency Identification

Monetary Policy Through Production Networks: Evidence from the Stock Market

FRB of Boston Working Paper No. 17-15
Number of pages: 65 Posted: 03 Jan 2018 Last Revised: 06 Jan 2018
Ali K. Ozdagli and Michael Weber
Federal Reserve Banks - Federal Reserve Bank of Dallas and University of Chicago - Finance
Downloads 73 (708,694)

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input-output linkages, spillover effects, asset prices, high frequency identification

Monetary Policy Through Production Networks: Evidence from the Stock Market

NBER Working Paper No. w23424
Number of pages: 63 Posted: 24 May 2017 Last Revised: 03 Jul 2023
Ali K. Ozdagli and Michael Weber
Federal Reserve Banks - Federal Reserve Bank of Dallas and University of Chicago - Finance
Downloads 40 (957,010)
Citation 5

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6.
Downloads 1,474 (28,383)
Citation 12

Missing Data in Asset Pricing Panels

Chicago Booth Research Paper No. 22-19, Fama-Miller Working Paper, Olin Business School Center for Finance & Accounting Research Paper No. Forthcoming
Number of pages: 94 Posted: 18 Nov 2021 Last Revised: 16 Feb 2024
University of Wisconsin-MadisonUniversity of Bonn, University of Bonn - Department of Economics, Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 1,314 (33,015)
Citation 6

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Missing Data in Asset Pricing Panels

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-168, Chicago Booth Research Paper No. 22-19
Number of pages: 85 Posted: 05 Jan 2023
University of Wisconsin-MadisonUniversity of Bonn, University of Bonn - Department of Economics, Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 122 (500,205)

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Cross Section of Returns, Missing Data, Expected Returns, Generalized Method of Moments

Missing Data in Asset Pricing Panels

NBER Working Paper No. w30761
Number of pages: 85 Posted: 19 Dec 2022 Last Revised: 21 Jul 2023
University of Wisconsin-MadisonUniversity of Bonn, University of Bonn - Department of Economics, Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 38 (977,453)
Citation 6

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7.
Downloads 1,436 (29,423)
Citation 2

Monetary Momentum

Chicago Booth Research Paper No. 20-05, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-39, LawFin Working Paper No. 37
Number of pages: 49 Posted: 05 Sep 2017 Last Revised: 08 May 2024
Andreas Neuhierl and Michael Weber
Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 972 (50,926)
Citation 2

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Return Drift, Monetary Policy, FOMC, Macro News

Monetary Momentum

CESifo Working Paper Series No. 6648
Number of pages: 57 Posted: 27 Sep 2017
Andreas Neuhierl and Michael Weber
Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 380 (167,590)

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return drift, policy speeches, expected returns, macro news

Monetary Momentum

NBER Working Paper No. w24748
Number of pages: 59 Posted: 25 Jun 2018 Last Revised: 13 Feb 2023
Andreas Neuhierl and Michael Weber
Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 84 (652,216)

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Beyond Arbitrage: Deviations from the Risk-Return Tradeoff

Chicago Booth Research Paper No. 22-11, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-43
Number of pages: 92 Posted: 23 Mar 2022 Last Revised: 07 Mar 2024
Benjamin Holcblat, Abraham Lioui and Michael Weber
University of Luxembourg, EDHEC Business School and University of Chicago - Finance
Downloads 1,164 (39,393)
Citation 2

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Market frictions; Behavioral biases; Risk-return tradeoff; Strong SSD

Anomaly or Possible Risk Factor? Simple-To-Use Tests

Number of pages: 86 Posted: 15 Apr 2022 Last Revised: 12 May 2023
Benjamin Holcblat, Abraham Lioui and Michael Weber
University of Luxembourg, EDHEC Business School and University of Chicago - Finance
Downloads 270 (242,632)

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Cross-section of Returns; Factor Pricing; Strong SSD; Abnormal returns; Market frictions

9.

Cybersecurity Risk: The Data

Chicago Booth Research Paper No. 23-01
Number of pages: 17 Posted: 09 Jan 2023 Last Revised: 14 Apr 2023
University of Liverpool (UK), Cyprus University of Technology, The University of Hong Kong and University of Chicago - Finance
Downloads 1,369 (31,582)

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The Effect of Unconventional Fiscal Policy on Consumption Expenditure

Number of pages: 77 Posted: 02 Mar 2015 Last Revised: 24 Jun 2017
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 575 (102,018)
Citation 8

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Zero-Lower Bound, Fiscal and Monetary Policy, Durable Consumption, Survey Data, Natural Experiments in Macroeconomics

Unconventional Fiscal Policy, Inflation Expectations, and Consumption Expenditure

CESifo Working Paper Series No. 5793
Number of pages: 70 Posted: 08 Apr 2016
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 450 (137,998)
Citation 8

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durable consumption, zero lower bound, fiscal and monetary policy, survey data

The Effect of Unconventional Fiscal Policy on Consumption Expenditure

Becker Friedman Institute for Research in Economics Working Paper No. 2018-17
Number of pages: 83 Posted: 19 Aug 2016 Last Revised: 27 Mar 2018
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 195 (334,054)
Citation 1

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Zero-Lower Bound, Fiscal and Monetary Policy, Durable Consumption, Survey Data, Household Consumption

The Effect of Unconventional Fiscal Policy on Consumption Expenditure

CESifo Working Paper Series No. 6059
Number of pages: 76 Posted: 13 Oct 2016
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 114 (527,453)

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zero-lower bound, fiscal and monetary policy, durable consumption, survey data

The Effect of Unconventional Fiscal Policy on Consumption Expenditure

NBER Working Paper No. w22563
Number of pages: 76 Posted: 31 Aug 2016 Last Revised: 25 Feb 2023
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 24 (1,140,416)

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Crowdsourcing Peer Information to Change Spending Behavior

Chicago Booth Research Paper No. 19-09, Fama-Miller Working Paper
Number of pages: 72 Posted: 22 Feb 2019 Last Revised: 27 Feb 2023
Georgetown University, Georgetown University - McDonough School of Business and University of Chicago - Finance
Downloads 680 (82,234)
Citation 20

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Social Finance, Visibility Bias, Conspicuous Consumption, Robo-advising, FinTech, Information Economics, Household Finance.

Crowdsourcing Financial Information to Change Spending Behavior

CESifo Working Paper No. 7533
Number of pages: 50 Posted: 08 Mar 2019
Georgetown University, Georgetown University - McDonough School of Business and University of Chicago - Finance
Downloads 556 (106,372)
Citation 9

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FinTech, learning, beliefs and expectations, peer pressure, financial decision-making, saving, consumer finance

12.
Downloads 1,157 (40,386)
Citation 22

Signaling Safety

Chicago Booth Research Paper 17-30, Fama-Miller Working Paper, European Corporate Governance Institute – Finance Working Paper No. 653/2020, Swiss Finance Institute Research Paper No. 17-30
Number of pages: 110 Posted: 04 Nov 2017 Last Revised: 26 Feb 2020
Roni Michaely, Stefano Rossi and Michael Weber
The University of Hong Kong, Bocconi University and University of Chicago - Finance
Downloads 837 (62,606)
Citation 18

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Dividends, Payout Policy, Cash-Flow Volatility, Signaling Model

The Information Content of Dividends: Safer Profits, Not Higher Profits

Becker Friedman Institute for Research in Economics Working Paper No. 2017-19
Number of pages: 80 Posted: 12 Nov 2017 Last Revised: 28 Mar 2018
Roni Michaely, Stefano Rossi and Michael Weber
The University of Hong Kong, Bocconi University and University of Chicago - Finance
Downloads 166 (386,823)
Citation 1

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Dividends, Payout Policy, Cash Flow Volatility, Signaling Model

The Information Content of Dividends: Safer Profits, Not Higher Profits

CESifo Working Paper Series No. 6751
Number of pages: 75 Posted: 18 Jan 2018
Roni Michaely, Stefano Rossi and Michael Weber
The University of Hong Kong, Bocconi University and University of Chicago - Finance
Downloads 91 (620,006)
Citation 1

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dividends, payout policy, cash flow volatility, signaling model

Signaling Safety

NBER Working Paper No. w24237
Number of pages: 100 Posted: 22 Jan 2018 Last Revised: 24 Mar 2023
Roni Michaely, Stefano Rossi and Michael Weber
The University of Hong Kong, Bocconi University and University of Chicago - Finance
Downloads 61 (782,706)

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Signaling Safety

CEPR Discussion Paper No. DP14174
Number of pages: 102 Posted: 17 Dec 2019
Stefano Rossi, Michael Weber and Roni Michaely
Bocconi University, University of Chicago - Finance and The University of Hong Kong
Downloads 2 (1,386,507)
Citation 2
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cash-flow volatility, dividends, Payout policy, signaling model

The Cost of the COVID-19 Crisis: Lockdowns, Macroeconomic Expectations, and Consumer Spending

Chicago Booth Research Paper No. 20-08, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-60
Number of pages: 44 Posted: 06 May 2020
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 712 (77,656)
Citation 2

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Subjective expectations, consumer spending, labor market, employment, COVID -19, surveys

The Cost of the COVID-19 Crisis: Lockdowns, Macroeconomic Expectations, and Consumer Spending

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-60
Number of pages: 51 Posted: 05 May 2020
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 147 (429,474)
Citation 2

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Subjective expectations, consumer spending, labor market, employment, COVID -19, surveys

The Cost of the COVID-19 Crisis: Lockdowns, Macroeconomic Expectations, and Consumer Spending

CESifo Working Paper No. 8292
Number of pages: 52 Posted: 20 May 2020
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 106 (557,748)
Citation 17

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subjective expectations, consumer spending, labor market, employment, COVID-19, surveys

The Cost of the Covid-19 Crisis: Lockdowns, Macroeconomic Expectations, and Consumer Spending

NBER Working Paper No. w27141
Number of pages: 51 Posted: 12 May 2020 Last Revised: 27 Feb 2023
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 86 (642,835)
Citation 16

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The Cost of the Covid-19 Crisis: Lockdowns, Macroeconomic Expectations, and Consumer Spending

IZA Discussion Paper No. 13224
Number of pages: 52 Posted: 14 May 2020 Last Revised: 18 Nov 2021
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 71 (720,014)

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labor market, consumer spending, subjective expectations, employment, COVID-19, surveys

14.
Downloads 1,080 (44,792)
Citation 5

Climate Change and Individual Behavior

Chicago Booth Research Paper No. 22-13, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-66
Number of pages: 93 Posted: 18 May 2022 Last Revised: 07 May 2025
René Bernard, Panagiota Tzamourani and Michael Weber
Deutsche Bundesbank - Research Centre, Deutsche Bundesbank and University of Chicago - Finance
Downloads 794 (67,453)
Citation 5

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Climate change, information treatment, willingness to pay, CO2 compensation, information acquisition., portfolio choice, expectations

Climate Change and Individual Behavior

Deutsche Bundesbank Discussion Paper No. 01/2022
Number of pages: 72 Posted: 01 Apr 2022
René Bernard, Panagiota Tzamourani and Michael Weber
Deutsche Bundesbank - Research Centre, Deutsche Bundesbank and University of Chicago - Finance
Downloads 286 (228,541)

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Climate change, information treatment, willingness to pay, CO2 compensation, information acquisition

Labor Markets During the COVID-19 Crisis: A Preliminary View

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-41, Chicago Booth Research Paper No. 20-06, Fama-Miller Working Paper
Number of pages: 22 Posted: 13 Apr 2020 Last Revised: 29 Apr 2020
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 633 (90,217)
Citation 13

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labor market, unemployment, employment, COVID-19

Labor Markets During the Covid-19 Crisis: A Preliminary View

CESifo Working Paper No. 8238
Number of pages: 16 Posted: 24 Apr 2020
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 334 (193,270)
Citation 4

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labor market, unemployment, employment, covid-19

Labor Markets During the Covid-19 Crisis: A Preliminary View

IZA Discussion Paper No. 13139
Number of pages: 16 Posted: 20 Apr 2020 Last Revised: 18 Nov 2021
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 65 (756,291)

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labor market, unemployment, employment, COVID-19

Labor Markets During the Covid-19 Crisis: A Preliminary View

NBER Working Paper No. w27017
Number of pages: 15 Posted: 20 Apr 2020 Last Revised: 28 Apr 2023
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 32 (1,042,338)
Citation 26

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Punish One, Teach A Hundred: The Sobering Effect of Peer Punishment on the Unpunished

Chicago Booth Research Paper No. 19-06, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-12
Number of pages: 66 Posted: 08 Feb 2019 Last Revised: 26 Jul 2023
Francesco D'Acunto, Michael Weber and Jin Xie
Georgetown University, University of Chicago - Finance and Peking University HSBC Business School
Downloads 764 (70,630)

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Corporate Governance, Cultural Finance, Information Transmission, Peer Effects, Reputational Sanctions, Related Party Transactions, Emerging Markets, Corporate Fraud, Government Ownership.

Punish One, Teach A Hundred: The Sobering Effect of Punishment on the Unpunished

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-12
Number of pages: 62 Posted: 13 Feb 2019 Last Revised: 18 Sep 2019
Francesco D'Acunto, Michael Weber and Jin Xie
Georgetown University, University of Chicago - Finance and Peking University HSBC Business School
Downloads 217 (301,657)
Citation 2

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Corporate Governance, Cultural Finance, Reputational Sanctions, Related Party Transactions, Minority Shareholders, Emerging Markets, Corporate Fraud, Government Ownership

Punish One, Teach a Hundred: The Sobering Effect of Punishment on the Unpunished

CESifo Working Paper No. 7512
Number of pages: 57 Posted: 21 Feb 2019
Francesco D'Acunto, Michael Weber and Jin Xie
Georgetown University, University of Chicago - Finance and The Chinese University of Hong Kong (CUHK)
Downloads 47 (891,224)
Citation 4

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corporate governance, cultural finance, reputational sanctions, related party transactions, minority shareholders, emerging markets, corporate fraud, government ownership

17.

Salient Price Changes, Inflation Expectations, and Household Behavior

Number of pages: 51 Posted: 06 Jun 2019
Georgetown University, University of California, Berkeley - Department of Economics, University of Chicago and University of Chicago - Finance
Downloads 988 (50,600)
Citation 7

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Salience, Frequency Bias, Financial Literacy, Household Finance, Transmission of Monetary Policy

Monetary Policy Communication, Policy Slope, and the Stock Market

Chicago Booth Research Paper No. 17-16, Fama-Miller Working Paper
Number of pages: 89 Posted: 18 Mar 2016 Last Revised: 31 Jul 2019
Andreas Neuhierl and Michael Weber
Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 451 (137,579)
Citation 5

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Policy Speeches, Macro News, Return Predictability, Expected Returns

Monetary Policy Slope and the Stock Market

Number of pages: 85 Posted: 10 Nov 2016 Last Revised: 20 Jan 2018
Andreas Neuhierl and Michael Weber
Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 235 (279,004)
Citation 2

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Return Predictability, Policy Speeches, Expected Returns, Macro News

Monetary Policy and the Stock Market: Time-Series Evidence

CESifo Working Paper Series No. 6199
Number of pages: 89 Posted: 10 Jan 2017
Andreas Neuhierl and Michael Weber
Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 198 (329,241)

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return predictability, policy speeches, expected returns, macro news

Monetary Policy and the Stock Market: Time-Series Evidence

NBER Working Paper No. w22831
Number of pages: 89 Posted: 14 Nov 2016 Last Revised: 21 May 2023
Andreas Neuhierl and Michael Weber
Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 83 (657,093)

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19.
Downloads 939 (54,277)
Citation 118

Exposure to Grocery Prices and Inflation Expectations

Chicago Booth Research Paper No. 19-17 , Fama-Miller Working Paper
Number of pages: 28 Posted: 13 Aug 2019 Last Revised: 19 Feb 2021
Georgetown University, University of California, Berkeley - Department of Economics, University of Chicago and University of Chicago - Finance
Downloads 839 (62,400)
Citation 107

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Beliefs formation, heterogeneous agents, macroeconomics with micro data, household finance, behavioral finance

Exposure to Daily Price Changes and Inflation Expectations

CESifo Working Paper No. 7798
Number of pages: 59 Posted: 14 Oct 2019
Georgetown University, University of California, Berkeley - Department of Economics, University of Chicago and University of Chicago - Finance
Downloads 51 (857,376)
Citation 11

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beliefs formation, rational inattention, realized inflation, transmission of monetary policy

Exposure to Daily Price Changes and Inflation Expectations

NBER Working Paper No. w26237
Number of pages: 58 Posted: 09 Sep 2019 Last Revised: 11 Mar 2023
Georgetown University, University of California, Berkeley - Department of Economics, University of Chicago and University of Chicago - Finance
Downloads 49 (873,973)

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20.

Beliefs and Portfolios: Causal Evidence

Chicago Booth Research Paper No. 22-08
Number of pages: 67 Posted: 08 Feb 2022 Last Revised: 07 May 2025
Johannes Beutel and Michael Weber
Deutsche Bundesbank and University of Chicago - Finance
Downloads 886 (58,980)
Citation 19

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Expectation formation, asset pricing, household finance

The Long-term Effects of Inflation on Inflation Expectations

Chicago Booth Research Paper No. 23-13
Number of pages: 64 Posted: 13 Jul 2023 Last Revised: 05 Mar 2025
Tilburg University - Tilburg University School of Economics and Management, University of Zurich - Department of Finance, WHU - Otto Beisheim School of Management and University of Chicago - Finance
Downloads 842 (62,070)

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Inflation, inflation expectations, long-term persistence, German hyperinflation

The Long-Term Effects of Inflation on Inflation Expectations

CESifo Working Paper No. 11679
Number of pages: 72 Posted: 25 Feb 2025
Tilburg University - Tilburg University School of Economics and Management, University of Zurich - Department of Finance, WHU - Otto Beisheim School of Management and University of Chicago - Finance
Downloads 22 (1,167,005)

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inflation, inflation expectations, long-term persistence, German hyperinflation

The Long-Term Effects of Inflation on Inflation Expectations

NBER Working Paper No. w32160
Number of pages: 63 Posted: 20 Feb 2024
Tilburg University - Tilburg University School of Economics and Management, University of Zurich - Department of Finance, WHU - Otto Beisheim School of Management and University of Chicago - Finance
Downloads 19 (1,207,204)
Citation 1
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Conditional Risk Premia in Currency Markets and Other Asset Classes

Journal of Financial Economics (JFE), Vol. 114, No. 2, 2014
Number of pages: 66 Posted: 06 Mar 2013 Last Revised: 10 May 2017
Martin Lettau, Matteo Maggiori and Michael Weber
University of California - Haas School of Business, Harvard University and University of Chicago - Finance
Downloads 790 (67,567)

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Carry Trade, Currency Returns, Downside Risk, Exchange Rates, UIP, Conditional risk premia, Cross Section of Equities and Commodities

Conditional Risk Premia in Currency Markets and Other Asset Classes

NBER Working Paper No. w18844
Number of pages: 58 Posted: 01 Mar 2013 Last Revised: 29 Jun 2023
Martin Lettau, Matteo Maggiori and Michael Weber
University of California - Haas School of Business, Harvard University and University of Chicago - Finance
Downloads 42 (937,281)
Citation 119

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Conditional Risk Premia in Currency Markets and Other Asset Classes

CEPR Discussion Paper No. DP9484
Number of pages: 58 Posted: 30 May 2013
Martin Lettau, Matteo Maggiori and Michael Weber
University of California - Haas School of Business, New York University Stern School of Business and University of Chicago - Finance
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Citation 32
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Carry Trade, Conditional risk premia, Cross Section of Equities and Commodities, Currency Returns, Downside Risk, Exchange Rates, UIP

23.

Harnessing Generative AI for Economic Insights

Number of pages: 67 Posted: 14 Nov 2024 Last Revised: 03 Feb 2025
Manish Jha, Jialin Qian, Michael Weber and Baozhong Yang
Georgia State University - Department of Finance, Georgia State University - Department of Finance, University of Chicago - Finance and Georgia State University - J. Mack Robinson College of Business
Downloads 806 (67,192)
Citation 1

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ChatGPT, Generative AI, Large Language Model, Macroeconomic Forecast, Managerial Expectations, Textual analysis, Artificial Intelligence

24.
Downloads 770 (71,016)
Citation 49

Nominal Rigidities and Asset Pricing

Number of pages: 95 Posted: 12 Aug 2014 Last Revised: 10 May 2017
Michael Weber
University of Chicago - Finance
Downloads 457 (135,366)
Citation 43

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Sticky Prices, Stock Returns, Monetary Policy

Nominal Rigidities and Asset Pricing

Number of pages: 62 Posted: 28 Oct 2014
Michael Weber
University of Chicago - Finance
Downloads 313 (207,439)
Citation 6

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Sticky Prices, Stock Returns, Monetary Policy

25.
Downloads 747 (73,979)
Citation 4

Big G

Chicago Booth Research Paper No. 20-04, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-36
Number of pages: 96 Posted: 10 Apr 2020 Last Revised: 28 Sep 2023
Harvard University, Department of Economics, University of Tübingen - Department of Economics, University of Toulouse 1 - Toulouse School of Economics (TSE), Brandeis University and University of Chicago - Finance
Downloads 642 (88,586)
Citation 3

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Government spending, federal procurement, granularity, sectoral heterogeneity, fiscal policy transmission, monetary policy

Big G

CESifo Working Paper No. 8229
Number of pages: 90 Posted: 22 Apr 2020
Harvard University, Department of Economics, University of Tübingen - Department of Economics, University of Toulouse 1 - Toulouse School of Economics (TSE), Brandeis University and University of Chicago - Finance
Downloads 46 (900,190)

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government spending, federal procurement, granularity, sectoral heterogeneity, fiscal policy transmission, monetary policy

Big G

FRB of Cleveland Working Paper No. 20-15
Number of pages: 92 Posted: 23 Jun 2020
Harvard University, Department of Economics, University of Tübingen - Department of Economics, Central Bank of Chile, Brandeis University and University of Chicago - Finance
Downloads 37 (987,874)

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Government Spending, Federal Procurement, Granularity, Sectoral Heterogeneity, Fiscal Policy Transmission, Monetary Policy

Big G

NBER Working Paper No. w27034
Number of pages: 42 Posted: 28 Apr 2020 Last Revised: 15 May 2022
Harvard University, Department of Economics, University of Tübingen - Department of Economics, Central Bank of Chile, Brandeis University and University of Chicago - Finance
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Big G

CEPR Discussion Paper No. DP14625
Number of pages: 91 Posted: 08 May 2020
Harvard University, Department of Economics, University of Tübingen - Department of Economics, Central Bank of Chile, Brandeis University and University of Chicago - Finance
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Citation 1
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federal procurement, fiscal policy transmission, government spending, granularity, monetary policy, sectoral heterogeneity

26.
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Inflation and Trading

SAFE Working Paper No. 419
Number of pages: 82 Posted: 22 May 2024 Last Revised: 09 May 2025
Goethe University Frankfurt, University of Chicago - Finance and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 418 (150,420)

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Belief Formation, Field Experiment, Inflation, Trading

Inflation and Trading

Chicago Booth Research Paper No. 24-16, Fama-Miller Working Paper , University of Chicago, Becker Friedman Institute for Economics Working Paper Forthcoming
Number of pages: 70 Posted: 09 May 2024
Goethe University Frankfurt, University of Chicago - Finance and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 284 (230,259)

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Belief Formation, Field Experiment, Inflation, Trading

Inflation and Trading

CESifo Working Paper Series 11580
Number of pages: 76 Posted: 14 Jan 2025
Goethe University Frankfurt, University of Chicago - Finance and Goethe University Frankfurt
Downloads 31 (1,053,927)

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belief formation, field experiment, inflation, trading

Inflation and Trading

NBER Working Paper No. w32470
Number of pages: 70 Posted: 20 May 2024
Goethe University Frankfurt, University of Chicago - Finance and Goethe University Frankfurt
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Households' Response to the Wealth Effects of Inflation

SAFE Working Paper No. 400
Number of pages: 80 Posted: 22 Nov 2022 Last Revised: 16 Apr 2025
Goethe University Frankfurt, University of Chicago - Finance and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 684 (81,597)
Citation 1

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Information Treatment, Consumption, Monetary Policy, Inflation Beliefs

Households' Response to the Wealth Effects of Inflation

NBER Working Paper No. w31672
Number of pages: 79 Posted: 11 Sep 2023
Goethe University Frankfurt, University of Chicago - Finance and Goethe University Frankfurt
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Citation 1
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28.
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Citation 47

What Do the Data Tell Us About Inflation Expectations?

CESifo Working Paper No. 9602
Number of pages: 46 Posted: 03 Mar 2022
Georgetown University, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 314 (206,755)

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beliefs formation, heterogeneous agents, macroeconomics with micro data, inflation exposure, experience effects, financial sophistication

What Do the Data Tell Us About Inflation Expectations?

Chicago Booth Research Paper 22-09, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-41
Number of pages: 45 Posted: 28 Feb 2022 Last Revised: 24 Mar 2022
Georgetown University, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 280 (233,692)
Citation 5

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Beliefs formation, heterogeneous agents, macroeconomics with micro data, inflation exposure, experience effects, financial sophistication

What Do the Data Tell Us About Inflation Expectations?

NBER Working Paper No. w29825
Number of pages: 45 Posted: 14 Mar 2022 Last Revised: 30 Jun 2023
Georgetown University, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 78 (681,935)

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What Do the Data Tell Us About Inflation Expectations?

CEPR Discussion Paper No. DP17094
Number of pages: 47 Posted: 29 Mar 2022
Georgetown University, University of California, Berkeley - Department of Economics and University of Chicago - Finance
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Citation 42
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Beliefs formation, Experience effects, financial sophistication, Heterogeneous Agents, inflation exposure, macroeconomics with micro data

29.

Who Feels the Boom? Labor Market Tightness and the Heterogeneous Employment Effects of Monetary Policy

Chicago Booth Research Paper No. 21-02
Number of pages: 53 Posted: 04 Jan 2021 Last Revised: 07 May 2025
Frankfurt School of Finance & Management, Northwestern University - Kellogg School of Management, University of Chicago - Finance and Tel Aviv University - Berglas School of Economics
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Monetary Policy, Labor Markets, Heterogeneous Agents, Federal Reserve

The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications

Journal of Economic Perspectives, Forthcoming, Chicago Booth Research Paper No. 22-10, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper 2022-40
Number of pages: 37 Posted: 15 Mar 2022 Last Revised: 26 May 2022
University of Chicago - Finance, Georgetown University, University of California, Berkeley - Department of Economics and University of Texas at Austin
Downloads 479 (127,743)
Citation 1

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Macroeconomics, Intertemporal Choice, Consumption, Savings, Surveys, Monetary Policy, Fiscal Policy, Experiments, Financial Decision-making, Cognition, Communication

The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-64
Number of pages: 38 Posted: 18 May 2022
University of Chicago - Finance, Georgetown University, University of California, Berkeley - Department of Economics and University of Texas at Austin
Downloads 51 (857,376)
Citation 15

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The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications

IZA Discussion Paper No. 15391
Number of pages: 38 Posted: 01 Jul 2022 Last Revised: 04 Jul 2022
University of Chicago - Finance, Georgetown University, University of California, Berkeley - Department of Economics and University of Texas at Austin
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Citation 20

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financial decision-making, experiments, fiscal policy, monetary policy, surveys, savings, consumption, intertemporal choice, macroeconomics, cognition, communication

The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications

NBER Working Paper No. w30046
Number of pages: 37 Posted: 16 May 2022 Last Revised: 14 Apr 2023
University of Chicago - Finance, Georgetown University, University of California, Berkeley - Department of Economics and University of Texas at Austin
Downloads 23 (1,153,666)
Citation 1

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Perceived Precautionary Savings Motives: Evidence from Digital Banking

Chicago Booth Research Paper No. 19-26, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-140
Number of pages: 67 Posted: 06 Dec 2019 Last Revised: 25 Jul 2023
Georgetown University, University of Chicago - Booth School of Business, Humboldt University of Berlin - Faculty of Economics and Business Administration and University of Chicago - Finance
Downloads 508 (119,049)
Citation 1

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Digital Footprint, Beliefs, Bank Credit, Household Finance, Behavioral Finance

Perceived Precautionary Savings Motives: Evidence from FinTech

CESifo Working Paper No. 8123
Number of pages: 64 Posted: 28 Feb 2020
Georgetown University, University of Chicago - Booth School of Business, Humboldt University of Berlin - Faculty of Economics and Business Administration and University of Chicago - Finance
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household finance, consumption, behavioral finance

Perceived Precautionary Savings Motives: Evidence from Fintech

NBER Working Paper No. w26817
Number of pages: 63 Posted: 16 Mar 2020 Last Revised: 10 Apr 2023
Georgetown University, University of Chicago - Booth School of Business, Humboldt University of Berlin - Faculty of Economics and Business Administration and University of Chicago - Finance
Downloads 26 (1,114,677)

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Gender Roles and the Gender Expectations Gap

Chicago Booth Research Paper No. 20-03, Fama-Miller Working Paper , University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-11, Initiative on Global Markets Paper No. 162
Number of pages: 33 Posted: 04 Mar 2020 Last Revised: 29 May 2020
Georgetown University, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 243 (269,888)

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Gender Gap, Expectations, Perceptions, Experiences, Exposure

Gender Roles and the Gender Expectations Gap

LawFin Working Paper No. 16
Number of pages: 35 Posted: 04 Mar 2021
Georgetown University, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 178 (363,380)

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Gender Gap, Expectations, Perceptions, Experiences, Social Conditioning

Gender Roles and the Gender Expectations Gap

CESifo Working Paper No. 8158
Number of pages: 34 Posted: 17 Mar 2020
Georgetown University, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 55 (825,677)

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gender gap, expectations, perceptions, experiences, exposure

Gender Roles and the Gender Expectations Gap

NBER Working Paper No. w26837
Number of pages: 33 Posted: 09 Mar 2020 Last Revised: 01 May 2022
Georgetown University, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 45 (909,128)

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Gender Roles and the Gender Expectations Gap

CEPR Discussion Paper No. DP14932
Number of pages: 32 Posted: 29 Jun 2020
Georgetown University, University of California, Berkeley - Department of Economics and University of Chicago - Finance
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Expectations, Experiences, exposure, Gender Gap, Perceptions

33.

Price Rigidities and Credit Risk

Chicago Booth Research Paper No. 21-14, Fama-Miller Working Paper
Number of pages: 81 Posted: 25 May 2021 Last Revised: 25 Mar 2024
McGill University, McGill University - Desautels Faculty of Management, University of Toronto - Rotman School of Management and University of Chicago - Finance
Downloads 519 (117,486)
Citation 1

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sticky prices, monetary policy, credit risk, nominal rigidities

34.

The Long Shadow of Jewish Persecution on Financial Decisions

Number of pages: 61 Posted: 16 Dec 2013 Last Revised: 10 May 2017
Georgetown University, University of Reading - ICMA Centre and University of Chicago - Finance
Downloads 514 (118,889)
Citation 1

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Cultural Economics, Social Stereotypes, Household Finance, History & Finance

35.
Downloads 499 (123,754)
Citation 11

Estimating the Anomaly Base Rate

Chicago Booth Research Paper No. 19-10, Fama-Miller Working Paper
Number of pages: 62 Posted: 01 Mar 2019 Last Revised: 20 Nov 2019
Alex Chinco, Andreas Neuhierl and Michael Weber
City University of NY, Baruch College, Zicklin School of Business, Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 365 (175,915)
Citation 4

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Return Predictability, Data Mining, Empirical Bayes, Penalized Regressions

Estimating the Anomaly Base Rate

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-135
Number of pages: 62 Posted: 21 Nov 2019
Alex Chinco, Andreas Neuhierl and Michael Weber
City University of NY, Baruch College, Zicklin School of Business, Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 95 (607,165)
Citation 3

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Return Predictability, Data Mining, Empirical Bayes, Penalized Regressions

Estimating the Anomaly Base Rate

NBER Working Paper No. w26493
Number of pages: 62 Posted: 27 Nov 2019 Last Revised: 22 May 2023
Alex Chinco, Andreas Neuhierl and Michael Weber
City University of NY, Baruch College, Zicklin School of Business, Washington University in St. Louis - John M. Olin Business School and University of Chicago - Finance
Downloads 39 (967,071)
Citation 4

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High Inflation: Low Default Risk and Low Equity Valuations

Chicago Booth Research Paper No. 18-12
Number of pages: 130 Posted: 11 Dec 2018 Last Revised: 08 Sep 2021
Imperial College Business School, HEC Montreal, UNSW Business School and University of Chicago - Finance
Downloads 444 (140,173)

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high inflation, default risk, equity, leverage, credit spreads

Low Inflation: High Default Risk and High Equity Valuations

NBER Working Paper No. w25317
Number of pages: 78 Posted: 03 Dec 2018 Last Revised: 06 Mar 2022
Imperial College Business School, HEC Montreal, UNSW Business School and University of Chicago - Finance
Downloads 51 (857,376)
Citation 1

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37.
Downloads 467 (133,485)

Flexible Prices and Leverage

Robert H. Smith School Research Paper No. RHS 2692893
Number of pages: 53 Posted: 24 Nov 2015 Last Revised: 04 Feb 2017
Georgetown University, BlackRock, National Bureau of Economic Research (NBER)University of Chicago - Harris School of Public Policy and University of Chicago - Finance
Downloads 220 (297,631)

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Capital Structure, Nominal Rigidities, Bank Deregulation, Industrial Organization and Finance, Price Setting, Bankruptcy

Flexible Prices and Leverage

CESifo Working Paper Series No. 6317
Number of pages: 77 Posted: 28 Feb 2017
Georgetown University, University of California, Berkeley, National Bureau of Economic Research (NBER)University of Chicago - Harris School of Public Policy and University of Chicago - Finance
Downloads 118 (513,500)

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capital structure, nominal rigidities, bank deregulation, industrial organization and finance, price setting, bankruptcy

Flexible Prices and Leverage

Robert H. Smith School Research Paper No. RHS 2901025
Number of pages: 83 Posted: 19 Jan 2017 Last Revised: 03 Apr 2017
Georgetown University, BlackRock, National Bureau of Economic Research (NBER)University of Chicago - Harris School of Public Policy and University of Chicago - Finance
Downloads 101 (578,376)

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Capital Structure, Nominal Rigidities, Bank Deregulation, Industrial Organization and Finance, Price Setting, Bankruptcy

Flexible Prices and Leverage

NBER Working Paper No. w23066
Number of pages: 51 Posted: 23 Jan 2017 Last Revised: 12 Jul 2023
Georgetown University, National Bureau of Economic Research (NBER)University of Chicago - Harris School of Public Policy, University of Chicago - Finance and University of California, Berkeley
Downloads 28 (1,089,784)

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Sectoral Heterogeneity in Nominal Price Rigidity and the Origin of Aggregate Fluctuations

Chicago Booth Research Paper No. 17-25, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2018-54
Number of pages: 57 Posted: 20 Aug 2017 Last Revised: 08 Dec 2021
Ernesto Pasten, Raphael Schoenle and Michael Weber
University of Toulouse 1 - Toulouse School of Economics (TSE), Brandeis University and University of Chicago - Finance
Downloads 217 (301,657)
Citation 19

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Input-output linkages, nominal price rigidity, idiosyncratic shocks

Price Rigidities and the Granular Origins of Aggregate Fluctuations

Bank of Finland Research Discussion Paper No. 3/2018
Number of pages: 67 Posted: 06 Feb 2018 Last Revised: 18 Nov 2021
Ernesto Pasten, Raphael Schoenle and Michael Weber
University of Toulouse 1 - Toulouse School of Economics (TSE), Brandeis University and University of Chicago - Finance
Downloads 119 (510,089)
Citation 4

Abstract:

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Input-output linkages, nominal price rigidity, idiosyncratic shocks

Price Rigidities and the Granular Origins of Aggregate Fluctuations

CESifo Working Paper Series No. 6619
Number of pages: 60 Posted: 15 Sep 2017
Ernesto Pasten, Raphael Schoenle and Michael Weber
University of Toulouse 1 - Toulouse School of Economics (TSE), Brandeis University and University of Chicago - Finance
Downloads 54 (833,334)

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input-output linkages, sticky prices, idiosyncratic shocks

Price Rigidities and the Granular Origins of Aggregate Fluctuations

ECB Working Paper No. 2102
Number of pages: 63 Posted: 13 Oct 2017
Ernesto Pasten, Raphael Schoenle and Michael Weber
University of Toulouse 1 - Toulouse School of Economics (TSE), Brandeis University and University of Chicago - Finance
Downloads 34 (1,020,104)

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input-output linkages, sticky prices, idiosyncratic shocks

Price Rigidity and the Origins of Aggregate Fluctuations

NBER Working Paper No. w23750
Number of pages: 64 Posted: 06 Sep 2017 Last Revised: 25 May 2023
Ernesto Pasten, Raphael Schoenle and Michael Weber
University of Toulouse 1 - Toulouse School of Economics (TSE), Brandeis University and University of Chicago - Finance
Downloads 32 (1,042,338)

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39.

American Option Valuation: Implied Calibration of GARCH Pricing-Models

Journal of Futures Markets, Vol. 31, No. 10, 2011
Number of pages: 36 Posted: 09 Sep 2009 Last Revised: 10 May 2017
Michael Weber and Marcel Prokopczuk
University of Chicago - Finance and University of Reading - ICMA Centre
Downloads 455 (137,731)
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American Options, GARCH, Implied Calibration, Edgeworth Binomial Tree

40.
Downloads 432 (146,280)
Citation 16

Unconventional Fiscal Policy

Chicago Booth Research Paper No. 18-02, Fama-Miller Working Paper
Number of pages: 6 Posted: 18 Jan 2018
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 175 (369,001)

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Unconventional Fiscal Policy

NBER Working Paper No. w24244
Number of pages: 7 Posted: 29 Jan 2018 Last Revised: 31 Mar 2023
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 105 (561,762)
Citation 16

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Unconventional Fiscal Policy

Becker Friedman Institute for Research in Economics Working Paper No. 2018-4
Number of pages: 6 Posted: 27 Jan 2018
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 93 (611,353)

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Unconventional Fiscal Policy

CESifo Working Paper Series No. 6862
Number of pages: 8 Posted: 20 Mar 2018
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 59 (796,516)

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41.
Downloads 429 (147,485)
Citation 60

IQ, Expectations, and Choice

Chicago Booth Research Paper No. 19-20, Fama-Miller Working Paper
Number of pages: 80 Posted: 12 Sep 2019 Last Revised: 02 Mar 2021
Georgetown University, University of Hohenheim, Bank of Finland - Research and University of Chicago - Finance
Downloads 186 (349,108)
Citation 39

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Behavioral Macroeconomics, Heterogeneous Beliefs, Limited Cognition, Expectations Formation, Household Finance

IQ, Expectations, and Choice

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-08
Number of pages: 76 Posted: 31 Jan 2019 Last Revised: 12 Sep 2019
Georgetown University, University of Hohenheim, Bank of Finland - Research and University of Chicago - Finance
Downloads 102 (574,152)

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Behavioral Macroeconomics, Heterogeneous Beliefs, Limited Cognition, Expectations Formation, Household Finance

IQ, Expectations, and Choice

Bank of Finland Research Discussion Paper No. 2/2019
Number of pages: 78 Posted: 24 Jan 2019 Last Revised: 18 Nov 2021
Georgetown University, University of Hohenheim, Bank of Finland - Research and University of Chicago - Finance
Downloads 97 (594,641)
Citation 1

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Behavioral Macroeconomics, Heterogeneous Beliefs, Limited Cognition, Expectations Formation, Household Finance

IQ, Expectations, and Choice

NBER Working Paper No. w25496
Number of pages: 76 Posted: 30 Jan 2019 Last Revised: 02 Mar 2023
Georgetown University, University of Hohenheim, Bank of Finland - Research and University of Chicago - Finance
Downloads 44 (918,425)
Citation 20

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Monetary Policy Communications and Their Effects on Household Inflation Expectations

Fama-Miller Working Paper, Chicago Booth Research Paper No. 19-03
Number of pages: 82 Posted: 16 Jan 2019 Last Revised: 09 Nov 2022
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 204 (320,171)
Citation 6

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Expectations management, inflation expectations, surveys, communication, randomized controlled trial

Monetary Policy Communications and their Effects on Household Inflation Expectations

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-03
Number of pages: 64 Posted: 15 Jan 2019 Last Revised: 17 Sep 2019
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 162 (395,282)

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expectations management, inflation expectations, surveys, communication, randomized controlled trial

Monetary Policy Communications and Their Effects on Household Inflation Expectations

NBER Working Paper No. w25482
Number of pages: 82 Posted: 30 Jan 2019 Last Revised: 16 Feb 2023
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 41 (947,094)
Citation 194

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Effective Policy Communication: Targets versus Instruments

Chicago Booth Research Paper No. 20-38, Fama-Miller Working Paper , University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-148
Number of pages: 42 Posted: 21 Oct 2020
Georgetown University, University of Hohenheim, Bank of Finland - Research and University of Chicago - Finance
Downloads 241 (272,039)
Citation 3

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Behavioral Macroeconomics, Heterogeneous Beliefs, Limited Cognition, Expectations Formation, Household Finance

Effective Policy Communication: Targets versus Instruments

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-148
Number of pages: 43 Posted: 19 Oct 2020
Georgetown University, University of Hohenheim, Bank of Finland - Research and University of Chicago - Finance
Downloads 164 (393,115)
Citation 1

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Behavioral Macroeconomics, Heterogeneous Beliefs, Limited Cognition, Expectations Formation, Household Finance

44.
Downloads 402 (158,899)
Citation 27

Human Frictions in the Transmission of Economic Policy

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-07
Number of pages: 60 Posted: 31 Jan 2019 Last Revised: 29 Sep 2021
Georgetown University, University of Hohenheim, Bank of Finland - Research and University of Chicago - Finance
Downloads 185 (350,895)
Citation 13

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Macroeconomic Beliefs, Limited Cognition, Heterogeneous Agents, Fiscal and Monetary Policy, Survey Data, Household Finance

Human Frictions in the Transmission of Economic Policy

Chicago Booth Research Paper No. 19-21, Fama-Miller Working Paper
Number of pages: 58 Posted: 12 Sep 2019 Last Revised: 21 Jul 2022
Georgetown University, University of Hohenheim, Bank of Finland - Research and University of Chicago - Finance
Downloads 130 (475,279)
Citation 9

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Cognition, Behavioral Macroeconomics, Heterogeneous Agents, Fiscal and Monetary Policy, Beliefs, Redistribution, Inequality, Survey Data, Household Finance.

Human Frictions in the Transmission of Economic Policy

Bank of Finland Research Discussion Paper No. 12/2021
Number of pages: 61 Posted: 10 Sep 2021 Last Revised: 18 Nov 2021
Georgetown University, Bank of Finland - Research, University of Hohenheim and University of Chicago - Finance
Downloads 87 (638,108)
Citation 5

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Cognition, Behavioral Macroeconomics, Heterogeneous Agents, Fiscal Policy, Monetary Policy, Beliefs, Redistribution, Inequality, Survey Data, Household Finance

45.
Downloads 372 (173,333)
Citation 8

A Diverse Fed Can Reach Underrepresented Groups

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-95, LawFin Working Paper No. 21, Chicago Booth Research Paper No. 21-20, Fama-Miller Working Paper
Number of pages: 90 Posted: 09 Aug 2021 Last Revised: 11 May 2022
Francesco D'Acunto, Andreas Fuster and Michael Weber
Georgetown University, École Polytechnique Fédérale de Lausanne (EPFL) and University of Chicago - Finance
Downloads 351 (183,133)

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gender, race, subjective beliefs, monetary policy, trust, central bank communication, survey experiments

Diverse Policy Committees Can Reach Underrepresented Groups

NBER Working Paper No. w29275
Number of pages: 85 Posted: 20 Sep 2021 Last Revised: 29 Jun 2023
Francesco D'Acunto, Andreas Fuster and Michael Weber
Georgetown University, École Polytechnique Fédérale de Lausanne (EPFL) and University of Chicago - Finance
Downloads 21 (1,180,385)
Citation 1

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Diverse Policy Committees Can Reach Underrepresented Groups

CEPR Discussion Paper No. DP16563
Number of pages: 87 Posted: 22 Sep 2021
Francesco D'Acunto, Andreas Fuster and Michael Weber
Georgetown University, École Polytechnique Fédérale de Lausanne (EPFL) and University of Chicago - Finance
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Citation 7
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46.
Downloads 363 (178,164)
Citation 6

Political Polarization and Expected Economic Outcomes

Chicago Booth Research Paper No. 20-45, Fama-Miller Working Paper
Number of pages: 55 Posted: 28 Oct 2020 Last Revised: 29 Mar 2021
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 198 (329,241)

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Elections, political views, COVID-19, expectations, randomized controlled trial, Bayesian learning.

Political Polarization and Expected Economic Outcomes

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-158
Number of pages: 52 Posted: 28 Oct 2020
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 112 (534,740)

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Elections, political views, COVID-19, expectations, randomized controlled trial, Bayesian learning

Political Polarization and Expected Economic Outcomes

IZA Discussion Paper No. 13823
Number of pages: 53 Posted: 09 Nov 2020 Last Revised: 18 Nov 2021
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 32 (1,042,338)
Citation 4

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elections, political views, COVID-19, expectations, randomized controlled trial, Bayesian learning

Political Polarization and Expected Economic Outcomes

NBER Working Paper No. w28044
Number of pages: 52 Posted: 02 Nov 2020 Last Revised: 16 Feb 2023
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 21 (1,180,385)
Citation 2

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Do You Even Crypto, Bro? Cryptocurrencies in Household Finance

Chicago Booth Research Paper No. 23-10
Number of pages: 60 Posted: 23 May 2023
University of Chicago - Finance, University of California, Berkeley, University of Texas at Austin and University of California, Berkeley - Department of Economics
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Cryptocurrency, household finance, surveys

Do You Even Crypto, Bro? Cryptocurrencies in Household Finance

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2023-70
Number of pages: 61 Posted: 31 May 2023
University of Chicago - Finance, University of California, Berkeley, University of Texas at Austin and University of California, Berkeley - Department of Economics
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Do You Even Crypto, Bro? Cryptocurrencies in Household Finance

IZA Discussion Paper No. 16335
Number of pages: 61 Posted: 26 Jul 2023
University of Chicago - Finance, University of California, Berkeley, University of Texas at Austin and University of California, Berkeley - Department of Economics
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cryptocurrency, household finance, surveys

Do You Even Crypto, Bro? Cryptocurrencies in Household Finance

NBER Working Paper No. w31284
Number of pages: 60 Posted: 29 May 2023 Last Revised: 25 Jun 2023
University of Chicago - Finance, University of California, Berkeley, University of Texas at Austin and University of California, Berkeley - Department of Economics
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48.

Did Targeting Financial Constraints During COVID-19 Make Sense?

Chicago Booth Research Paper Forthcoming
Number of pages: 44 Posted: 05 Nov 2020
Dominik Boddin, Francesco D'Acunto and Michael Weber
Deutsche Bundesbank - Deutsche Bundesbank Research Data and Service Centre, Georgetown University and University of Chicago - Finance
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E44, E62, G32, G38, H32

49.
Downloads 295 (222,916)
Citation 24

How Did U.S. Consumers Use Their Stimulus Payments?

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-109
Number of pages: 38 Posted: 17 Aug 2020
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 73 (708,694)

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Expectations, surveys, marginal propensity to consume, labor supply, fiscal policy, COVID-19

How Did U.S. Consumers Use Their Stimulus Payments?

Chicago Booth Research Paper No. 20-21, Fama-Miller Working Paper
Number of pages: 38 Posted: 17 Aug 2020
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 67 (743,938)
Citation 2

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Expectations, surveys, marginal propensity to consume, labor supply, fiscal policy, COVID-19

How Did U.S. Consumers Use Their Stimulus Payments?

IZA Discussion Paper No. 13604
Number of pages: 39 Posted: 24 Aug 2020 Last Revised: 18 Nov 2021
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 56 (818,129)
Citation 6

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expectations, surveys, marginal propensity to consume, labor supply, fiscal policy, COVID-19

How Did U.S. Consumers Use Their Stimulus Payments?

CESifo Working Paper No. 8510
Number of pages: 39 Posted: 28 Aug 2020
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 56 (818,129)
Citation 2

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expectations, surveys, marginal propensity to consume, labor supply, fiscal policy, COVID-19

How Did U.S. Consumers Use Their Stimulus Payments?

NBER Working Paper No. w27693
Number of pages: 38 Posted: 17 Aug 2020 Last Revised: 03 Mar 2023
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 43 (927,819)
Citation 14

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The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2018-78, Chicago Booth Research Paper No. 18-11, Fama-Miller Working Paper
Number of pages: 38 Posted: 22 Nov 2018 Last Revised: 06 Jan 2020
Ernesto Pasten, Raphael Schoenle and Michael Weber
University of Toulouse 1 - Toulouse School of Economics (TSE), Brandeis University and University of Chicago - Finance
Downloads 124 (493,778)

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Input-output linkages, multi-sector Calvo model, monetary policy

The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy

FRB of Cleveland Working Paper No. 19-25R
Number of pages: 39 Posted: 18 Nov 2019 Last Revised: 17 Jan 2020
Ernesto Pasten, Raphael Schoenle and Michael Weber
University of Toulouse 1 - Toulouse School of Economics (TSE), Brandeis University and University of Chicago - Finance
Downloads 67 (743,938)
Citation 74

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input-output linkages, multi-sector Calvo model, monetary policy

The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy

CESifo Working Paper No. 7376
Number of pages: 76 Posted: 21 Feb 2019
Ernesto Pasten, Raphael Schoenle and Michael Weber
University of Toulouse 1 - Toulouse School of Economics (TSE), Brandeis University and University of Chicago - Finance
Downloads 60 (789,507)

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input-output linkages, multi-sector, Calvo model, monetary policy

The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy

Number of pages: 74 Posted: 09 Dec 2018
Ernesto Pasten, Raphael Schoenle and Michael Weber
University of Toulouse 1 - Toulouse School of Economics (TSE), Brandeis University and University of Chicago - Finance
Downloads 44 (918,425)

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Input-output linkages, multi-sector Calvo model, monetary policy

51.
Downloads 286 (230,261)
Citation 44

Forward Guidance and Household Expectations

Chicago Booth Research Paper No. 20-02, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-06, Initiative on Global Markets Paper No. 161
Number of pages: 85 Posted: 13 Feb 2020 Last Revised: 21 Jul 2022
University of Texas at Austin, European Central Bank (ECB) - Directorate General Research, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 172 (374,778)

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Expectations management, inflation expectations, surveys, communication, randomized controlled trial

Forward Guidance and Household Expectations

CESifo Working Paper No. 8118
Number of pages: 77 Posted: 27 Feb 2020
University of Texas at Austin, European Central Bank (ECB) - Directorate General Research, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 49 (873,973)
Citation 28

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expectations management, inflation expectations, surveys, communication, randomized controlled trial

Forward Guidance and Household Expectations

IZA Discussion Paper No. 12979
Number of pages: 77 Posted: 24 Feb 2020 Last Revised: 18 Nov 2021
University of Texas at Austin, European Central Bank (ECB) - Directorate General Research, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 45 (909,128)
Citation 1

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communication, surveys, inflation expectations, expectations management, randomized controlled trial

Forward Guidance and Household Expectations

NBER Working Paper No. w26778
Number of pages: 76 Posted: 24 Feb 2020 Last Revised: 03 Mar 2023
University of Texas at Austin, European Central Bank (ECB) - Directorate General Research, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 20 (1,193,900)
Citation 15

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Historical Antisemitism, Ethnic Specialization, and Financial Development

Becker Friedman Institute for Research in Economics Working Paper No. 2018-19, Chicago Booth Research Paper No. 17-26, Fama-Miller Working Paper
Number of pages: 68 Posted: 01 Sep 2017
Georgetown University, University of Reading - ICMA Centre and University of Chicago - Finance
Downloads 162 (395,282)

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Cultural Economics, Intergenerational Transmission of Norms, Religious Identity, Household Finance, History & Finance

Historical Antisemitism, Ethnic Specialization, and Financial Development

CESifo Working Paper Series No. 6643
Number of pages: 66 Posted: 22 Sep 2017
Georgetown University, University of Reading - ICMA Centre and University of Chicago - Finance
Downloads 63 (769,280)

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Cultural Economics, Intergenerational Transmission of Norms, Religious Identity, Household Finance, History & Finance

Historical Antisemitism, Ethnic Specialization, and Financial Development

NBER Working Paper No. w23785
Number of pages: 64 Posted: 11 Sep 2017 Last Revised: 29 Jun 2023
Georgetown University, University of Reading - ICMA Centre and University of Chicago - Finance
Downloads 56 (818,129)
Citation 32

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The Effect of Macroeconomic Uncertainty on Household Spending

ECB Working Paper No. 2021/2557
Number of pages: 61 Posted: 24 May 2021
University of Texas at Austin, European Central Bank (ECB) - Directorate General Research, University of California, Berkeley - Department of Economics, European Central Bank (ECB) and University of Chicago - Finance
Downloads 121 (503,502)
Citation 40

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The Effect of Macroeconomic Uncertainty on Household Spending

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-35, Chicago Booth Research Paper No. 22-17
Number of pages: 61 Posted: 06 Apr 2021 Last Revised: 12 Oct 2022
University of Texas at Austin, European Central Bank (ECB) - Directorate General Research, University of California, Berkeley - Department of Economics, European Central Bank (ECB) and University of Chicago - Finance
Downloads 98 (590,582)
Citation 1

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Uncertainty, household spending, household finance, Consumer Expectations Survey, randomized control trial

The Effect of Macroeconomic Uncertainty on Household Spending

IZA Discussion Paper No. 14213
Number of pages: 57 Posted: 30 Mar 2021 Last Revised: 18 Nov 2021
University of Texas at Austin, European Central Bank (ECB) - Directorate General Research, University of California, Berkeley - Department of Economics, European Central Bank (ECB) and University of Chicago - Finance
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surveys, household finance, household spending, uncertainty, randomized control trial

The Effect of Macroeconomic Uncertainty on Household Spending

NBER Working Paper No. w28625
Number of pages: 56 Posted: 29 Mar 2021 Last Revised: 20 Mar 2022
University of Texas at Austin, European Central Bank (ECB) - Directorate General Research, University of California, Berkeley - Department of Economics, European Central Bank (ECB) and University of Chicago - Finance
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The Effect of Macroeconomic Uncertainty on Household Spending

CEPR Discussion Paper No. DP15966
Number of pages: 58 Posted: 31 Mar 2021
University of Texas at Austin, European Central Bank (ECB) - Directorate General Research, University of California, Berkeley - Department of Economics, European Central Bank (ECB) and University of Chicago - Finance
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54.

Tell Me Something I Don’t Already Know: Learning in Low and High-Inflation Settings

Chicago Booth Research Paper No. 23-14, Fama-Miller Working Paper , University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2023-102
Number of pages: 70 Posted: 20 Jul 2023 Last Revised: 22 Aug 2024
University of Chicago - Finance, University of Montevideo, European Central Bank (ECB) - Directorate General Research, University of California, Berkeley, Federal Reserve Banks - Federal Reserve Bank of Atlanta, University of Texas at Austin, Università degli Studi di Milano-Bicocca, School of Economics, Auckland University of Technology, European Central Bank (ECB), Universidad ORT Uruguay, University of California, Berkeley - Department of Economics and Central Bank of Uruguay
Downloads 261 (252,812)
Citation 1

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Inattention, RCTs, inflation expectations

55.
Downloads 251 (262,932)
Citation 6

A Temporary VAT Cut as Unconventional Fiscal Policy *

Chicago Booth Research Paper No. 21-23, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-128
Number of pages: 99 Posted: 26 Oct 2021 Last Revised: 22 Aug 2024
University of Notre Dame, Frankfurt School of Finance & Management, Deutsche Bundesbank, Deutsche BundesbankGoethe University Frankfurt - House of Finance, University College London and University of Chicago - Finance
Downloads 190 (342,238)

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unconventional fiscal policy, value added tax, household survey data, expectations, consumption, durables, HANK model JEL-Codes: D12

A Temporary VAT Cut as Unconventional Fiscal Policy

CESifo Working Paper No. 9399
Number of pages: 41 Posted: 12 Nov 2021
University of Notre Dame, Frankfurt School of Finance & Management, Deutsche Bundesbank, Deutsche Bundesbank, University College London and University of Chicago - Finance
Downloads 46 (900,190)

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unconventional fiscal policy, value added tax, survey data, expectations, consumption, household data

A Temporary Vat Cut as Unconventional Fiscal Policy

NBER Working Paper No. w29442
Number of pages: 99 Posted: 01 Nov 2021 Last Revised: 12 Jun 2023
University of Notre Dame, Frankfurt School of Finance & Management, Deutsche Bundesbank, Deutsche Bundesbank, University College London and University of Chicago - Finance
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A Temporary VAT Cut as Unconventional Fiscal Policy

CEPR Discussion Paper No. DP16690
Number of pages: 42 Posted: 09 Nov 2021
University of Notre Dame, Frankfurt School of Finance & Management, Deutsche Bundesbank, Deutsche Bundesbank, University College London and University of Chicago - Finance
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Citation 6
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Consumption, Expectations, household data, survey data, unconventional fiscal policy, value added tax

Why Survey-Based Subjective Expectations are Meaningful and Important

Chicago Booth Research Paper No. 24-04, Fama-Miller Working Paper Forthcoming, Annual Review of Economics, Forthcoming
Number of pages: 49 Posted: 05 Mar 2024
Michael Weber and Francesco D'Acunto
University of Chicago - Finance and Georgetown University
Downloads 149 (424,627)

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Beliefs, heterogeneous agents, inflation, cognition, monetary policy, information experiments

Why Survey-Based Subjective Expectations are Meaningful and Important

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2024-28
Number of pages: 50 Posted: 05 Mar 2024
Francesco D'Acunto and Michael Weber
Georgetown University and University of Chicago - Finance
Downloads 88 (633,443)
Citation 10

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Why Survey-Based Subjective Expectations are Meaningful and Important

NBER Working Paper No. w32199
Number of pages: 49 Posted: 05 Mar 2024
Francesco D'Acunto and Michael Weber
Georgetown University and University of Chicago - Finance
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Households' Response to the Wealth Effects of Inflation

Chicago Booth Research Paper No. 23-17
Number of pages: 80 Posted: 11 Sep 2023 Last Revised: 07 May 2025
Goethe University Frankfurt, University of Chicago - Finance and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 194 (335,671)

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Information Treatment, Consumption, Monetary Policy, Inflation Beliefs

Households’ Response to the Wealth Effects of Inflation

CESifo Working Paper No. 10648
Number of pages: 80 Posted: 25 Sep 2023
Goethe University Frankfurt, University of Chicago - Finance and Goethe University Frankfurt
Downloads 43 (927,819)

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inflation beliefs, information treatment, consumption, monetary policy

58.

Big Brother Watches You (Even When He's Dead): Surveillance and Long-run Conformity

Number of pages: 33 Posted: 05 May 2022
Georgetown University, Goethe University Frankfurt and University of Chicago - Finance
Downloads 237 (278,283)

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Cultural Finance, History & Finance, Social Learning, Beliefs, Persistence, Household Finance, Behavioral Finance, Big Data, FinTech

59.
Downloads 236 (279,423)
Citation 10

Does Policy Communication During COVID work?

Chicago Booth Research Paper No. 20-15, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-76
Number of pages: 50 Posted: 12 Jun 2020
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 175 (369,001)

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E31, C83, D84, J26

Does Policy Communication During COVID Work?

CESifo Working Paper No. 8369
Number of pages: 51 Posted: 23 Jun 2020
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 32 (1,042,338)
Citation 10

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subjective expectations, fiscal policy, monetary policy, COVID-19, surveys

Does Policy Communication During Covid Work?

NBER Working Paper No. w27384
Number of pages: 50 Posted: 22 Jun 2020 Last Revised: 29 Apr 2023
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 29 (1,077,579)

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Inclusive Monetary Policy: How Tight Labor Markets Facilitate Broad-Based Employment Growth

Chicago Booth Research Paper No. 22-02, Fama-Miller Working Paper , University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-03
Number of pages: 46 Posted: 14 Jan 2022 Last Revised: 13 Apr 2022
Nittai Bergman, David A. Matsa and Michael Weber
Tel Aviv University - Berglas School of Economics, Northwestern University - Kellogg School of Management and University of Chicago - Finance
Downloads 107 (553,735)

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Monetary Policy, Labor Markets, Heterogeneous Agents, Federal Reserve

Inclusive Monetary Policy: How Tight Labor Markets Facilitate Broad-Based Employment Growth

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-03
Number of pages: 46 Posted: 14 Jan 2022
Nittai Bergman, David A. Matsa and Michael Weber
Tel Aviv University - Berglas School of Economics, Northwestern University - Kellogg School of Management and University of Chicago - Finance
Downloads 66 (750,181)

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Monetary Policy, Labor Markets, Heterogeneous Agents, Federal Reserve

Inclusive Monetary Policy: How Tight Labor Markets Facilitate Broad-Based Employment Growth

CESifo Working Paper No. 9512
Number of pages: 47 Posted: 18 Jan 2022
Nittai Bergman, David A. Matsa and Michael Weber
Tel Aviv University - Berglas School of Economics, Northwestern University - Kellogg School of Management and University of Chicago - Finance
Downloads 36 (998,419)

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monetary policy, labor markets, heterogeneous agents, federal reserve

Inclusive Monetary Policy: How Tight Labor Markets Facilitate Broad-Based Employment Growth

NBER Working Paper No. w29651
Number of pages: 48 Posted: 17 Jan 2022 Last Revised: 09 Jul 2023
Nittai Bergman, David A. Matsa and Michael Weber
Tel Aviv University - Berglas School of Economics, Northwestern University - Kellogg School of Management and University of Chicago - Finance
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Inclusive Monetary Policy: How Tight Labor Markets Facilitate Broad-Based Employment Growth

CEPR Discussion Paper No. DP16876
Number of pages: 48 Posted: 04 Feb 2022
Nittai Bergman, David A. Matsa and Michael Weber
Tel Aviv University - Berglas School of Economics, Northwestern University - Kellogg School of Management and University of Chicago - Finance
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61.
Downloads 222 (296,517)
Citation 172

Are Sticky Prices Costly? Evidence from the Stock Market

American Economic Review, Vol. 106, No. 1, 2016
Number of pages: 42 Posted: 06 Mar 2013 Last Revised: 10 May 2017
Yuriy Gorodnichenko and Michael Weber
University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 184 (352,688)
Citation 3

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menu costs, sticky prices, asset prices

Are Sticky Prices Costly? Evidence from the Stock Market

NBER Working Paper No. w18860
Number of pages: 52 Posted: 01 Mar 2013 Last Revised: 15 Jul 2023
Yuriy Gorodnichenko and Michael Weber
University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 38 (977,453)
Citation 169

Abstract:

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62.

How to Finance Climate Change Policies? Evidence from Consumers' Beliefs

CESifo Working Paper No. 9727
Number of pages: 49 Posted: 02 May 2022
Georgetown University, CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute, CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute, CESifo (Center for Economic Studies and Ifo Institute) and University of Chicago - Finance
Downloads 216 (304,456)
Citation 3

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climate policy, fiscal policy, taxation, expectations, inequality

Managing Households' Expectations with Unconventional Policies

Chicago Booth Research Paper No. 19-16 (2019), Fama-Miller Working Paper (2019)
Number of pages: 88 Posted: 10 Aug 2019 Last Revised: 27 Feb 2021
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 125 (490,608)
Citation 61

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Expectations, Household Finance, Heterogeneous Beliefs, Fiscal Policy, Monetary Policy, Cognitive Abilities, Behavioral Macroeconomics, Macroeconomics with Micro Data

Managing Households' Expectations with Salient Economic Policies

CESifo Working Paper No. 7793
Number of pages: 74 Posted: 14 Oct 2019
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 55 (825,677)

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expectations, natural experiments, consumption, fiscal policy, monetary policy, macroeconomics with micro data

Managing Households' Expectations with Unconventional Policies

NBER Working Paper No. w27399
Number of pages: 74 Posted: 22 Jun 2020 Last Revised: 14 May 2023
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 26 (1,114,677)

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The Expected, Perceived, and Realized Inflation of U.S. Households before and during the COVID19 Pandemic

Chicago Booth Research Paper 22-01, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-09
Number of pages: 60 Posted: 14 Jan 2022 Last Revised: 24 Mar 2022
University of Chicago - Finance, University of California, Berkeley - Department of Economics and University of Texas at Austin
Downloads 122 (500,205)

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Inflation expectations, surveys, COVID19

The Expected, Perceived, and Realized Inflation of U.S. Households before and during the COVID19 Pandemic

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-09
Number of pages: 61 Posted: 21 Jan 2022
University of Chicago - Finance, University of California, Berkeley - Department of Economics and University of Texas at Austin
Downloads 71 (720,014)
Citation 5

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The Expected, Perceived, and Realized Inflation of U.S. Households Before and During the Covid19 Pandemic

CEPR Discussion Paper No. DP16930
Number of pages: 62 Posted: 04 Feb 2022
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
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Household Inflation Expectations: An Overview of Recent Insights for Monetary Policy

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2024-66
Number of pages: 62 Posted: 31 May 2024
Georgetown University, Bank of Greece, European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), European Central Bank (ECB) and University of Chicago - Finance
Downloads 63 (775,938)
Citation 1

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Household Inflation Expectations: An Overview of Recent Insights for Monetary Policy

ECB Working Paper No. 2024/24
Number of pages: 66 Posted: 20 May 2024
Georgetown University, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB) and University of Chicago - Finance
Downloads 58 (803,535)

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central bank communication, consumer expectations survey, consumers, inflation expectations, monetary policy

Household Inflation Expectations: An Overview of Recent Insights for Monetary Policy

Chicago Booth Research Paper 24-17, Fama-Miller Working Paper
Number of pages: 61 Posted: 22 May 2024
Georgetown University, European Central Bank (ECB), European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), European Central Bank (ECB) and University of Chicago - Finance
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Consumers, Monetary Policy, Consumer Expectations Survey, Central Bank Communication, Inflation Expectations

Household Inflation Expectations: An Overview of Recent Insights for Monetary Policy

NBER Working Paper No. w32488
Number of pages: 61 Posted: 28 May 2024
Georgetown University, Bank of Greece, European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), European Central Bank (ECB) and University of Chicago - Finance
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66.
Downloads 176 (367,771)
Citation 1

Manpower Constraints and Corporate Policies

Chicago Booth Research Paper No. 21-03
Number of pages: 34 Posted: 06 Jan 2021
Francesco D'Acunto, Michael Weber and Shuayo Yang
Georgetown University, University of Chicago - Finance and affiliation not provided to SSRN
Downloads 89 (628,883)
Citation 1

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Frictions, Investment, Labor & Finance, Human Capital, Immigration Policies, Education Policies, Economic Growth

Manpower Constraints and Corporate Policies

CESifo Working Paper No. 8698
Number of pages: 41 Posted: 19 Nov 2020
Francesco D'Acunto, Michael Weber and Shuyao Yang
Georgetown University, University of Chicago - Finance and CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute
Downloads 87 (638,108)

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investment, skilled workers, immigration policies, education policies, economic growth

67.

Imbalance and Reallocation of Funds under Chinese Quantity-based Monetary Policy

Number of pages: 62 Posted: 07 Dec 2023 Last Revised: 30 Sep 2024
Dan Luo, Michael Weber, Zhishu Yang and Qi Zhang
The Chinese University of Hong Kong Business School, University of Chicago - Finance, Tsinghua University - School of Economics & Management and Shanghai Jiao Tong University (SJTU)
Downloads 160 (399,805)

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monetary policy transmission, quantity-based monetary policy instruments, banks heterogeneity, interbank market

Tell Me Something I Don't Already Know: Learning in Low and High-Inflation Settings

ECB Working Paper No. 2024/2914
Number of pages: 62 Posted: 13 Mar 2024
University of Chicago - Finance, University of California, Berkeley, Columbia University, Bank of Italy, Universidad ORT at Uruguay, University of Montevideo, Federal Reserve Banks - Federal Reserve Bank of Atlanta, School of Economics, Auckland University of Technology, University of California, Berkeley, European Central Bank (ECB) - Directorate General Research, University of Texas at Austin, European Central Bank (ECB) and Central Bank of Uruguay
Downloads 70 (725,870)
Citation 2

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inattention, inflation expectations, RCTs

Tell Me Something I Don't Already Know: Learning in Low and High-Inflation Settings

IZA Discussion Paper No. 16305
Number of pages: 58 Posted: 14 Jul 2023
University of Chicago - Finance, University of California, Berkeley, Università degli Studi di Milano-Bicocca, Universidad ORT Uruguay, University of Montevideo, Federal Reserve Banks - Federal Reserve Bank of Atlanta, School of Economics, Auckland University of Technology, University of California, Berkeley - Department of Economics, European Central Bank (ECB) - Directorate General Research, University of Texas at Austin, European Central Bank (ECB) and Central Bank of Uruguay
Downloads 60 (789,507)
Citation 9

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inattention, RCTs, inflation expectations

Tell Me Something I Don't Already Know: Learning in Low and High-Inflation Settings

NBER Working Paper No. w31485
Number of pages: 61 Posted: 24 Jul 2023
University of Chicago - Finance, University of California, Berkeley, Bank of Italy, Universidad ORT Uruguay, University of Montevideo, Federal Reserve Banks - Federal Reserve Bank of Atlanta, School of Economics, Auckland University of Technology, University of California, Berkeley - Department of Economics, European Central Bank (ECB) - Directorate General Research, University of Texas at Austin, European Central Bank (ECB) and Central Bank of Uruguay
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Citation 12

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Cognitive Constraints and Economic Incentives

Chicago Booth Research Paper No. 23-09
Number of pages: 54 Posted: 11 May 2023
Georgetown University, University of Hohenheim, Bank of Finland - Research and University of Chicago - Finance
Downloads 93 (611,353)

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Behavioral Economics, Limited Cognition, Consumption, Borrowing, Heterogeneous Agents, Redistribution, Inequality

Cognitive Constraints and Economic Incentives

Bank of Finland Research Discussion Paper No. 9/2023
Number of pages: 56 Posted: 26 Jun 2023
Georgetown University, University of Hohenheim, Bank of Finland - Research and University of Chicago - Finance
Downloads 48 (882,551)

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Behavioral Economics, Limited Cognition, Consumption, Borrowing, Heterogeneous Agents, Redistribution, Inequality

70.

Monetary Policy Communications and Their Effects on Household Inflation Expectations

CESifo Working Paper No. 7464
Number of pages: 43 Posted: 21 Feb 2019
University of Oxford - Department of Economics, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 139 (448,654)

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expectations management, inflation expectations, surveys, communication, randomized controlled trial

71.

Nationalistic Labor Policies Hinder Financial Innovation

Number of pages: 60 Posted: 14 May 2024 Last Revised: 15 May 2024
Georgetown University, Tilburg University - Department of Finance, University of Chicago - Finance, Peking University HSBC Business School and University of Maryland, Robert H. Smith School of Business
Downloads 129 (476,552)

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FinTech, Cybersecurity, Labor and Finance, Financial Regulation, IO and Finance, High-skilled workforce, Immigration, TARP

72.

Optimal Monetary and Fiscal Policies in Disaggregated Economies *

Fama-Miller Working Paper, Chicago Booth Research Paper No. 24-21
Number of pages: 43 Posted: 16 Aug 2024
University of Wisconsin-Madison, Jane Street Capital, University of Tübingen - Department of Economics, Central Bank of Chile, Brandeis University and University of Chicago - Finance
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Optimal monetary and fiscal policy, government spending, sectoral heterogeneity, fiscal rules

Central Bank Communication with the Polarized Public

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2025-37
Number of pages: 43 Posted: 24 Feb 2025
Pei Kuang, Michael Weber and Shihan Xie
University of Birmingham, University of Chicago - Finance and University of Illinois at Urbana-Champaign - Department of Economics
Downloads 59 (803,535)

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Partisan, Trust, Expectations, Central Bank Communication

Central Bank Communication with the Polarized Public

Fama-Miller Working Paper, Chicago Booth Research Paper No. 25-04
Number of pages: 47 Posted: 03 Mar 2025 Last Revised: 24 Apr 2025
Pei Kuang, Michael Weber and Shihan Xie
University of Birmingham, University of Chicago - Finance and University of Illinois at Urbana-Champaign - Department of Economics
Downloads 44 (918,425)

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Partisan, Trust, Expectations, Central Bank Communication

Central Bank Communication with the Polarized Public

CESifo Working Paper No. 11708
Number of pages: 44 Posted: 07 Mar 2025
Pei Kuang, Michael Weber and Shihan Xie
University of Birmingham, University of Chicago - Finance and University of Illinois at Urbana-Champaign - Department of Economics
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central bank communication, partisan, trust, expectations

Central Bank Communication with the Polarized Public

NBER Working Paper No. w33524
Number of pages: 43 Posted: 04 Mar 2025
University of Birmingham, University of Chicago - Finance and University of Illinois at Urbana-Champaign
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74.

Low Inflation: High Default Risk AND High Equity Valuations

CESifo Working Paper No. 7391
Number of pages: 79 Posted: 21 Feb 2019
Imperial College Business School, HEC Montreal, UNSW Business School and University of Chicago - Finance
Downloads 114 (524,119)
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low inflation, default risk, equity, leverage, credit spreads

75.

Perceived Political Bias of the Federal Reserve

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2024-134
Number of pages: 60 Posted: 22 Oct 2024 Last Revised: 23 Oct 2024
Pei Kuang, Michael Weber and Shihan Xie
University of Birmingham, University of Chicago - Finance and University of Illinois at Urbana-Champaign - Department of Economics
Downloads 113 (527,592)

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Trust, Intergroup Preferences, Expectation, Central Bank Communication

76.

Cash Me if you Can: ATM Explosions, Payment Choice, and Consumption

Chicago Booth Research Paper No. 25-05, Fama-Miller Working Paper, University of Chicago, Becker Friedman Institute for Economics Working Paper Forthcoming
Number of pages: 63 Posted: 25 Apr 2025
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), University of Amsterdam, Erasmus University Rotterdam (EUR) - Department of Business Economics and University of Chicago - Finance
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Household finance, consumption, cash, digital payments, fintech, ATMs

On Eliciting Subjective Probability Distributions of Expectations

Kilts Center at Chicago Booth Marketing Data Center Paper No. Forthcoming
Number of pages: 30 Posted: 15 Apr 2024
University of California, Berkeley - Department of Economics, University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 100 (582,452)
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expectations, surveys, inflation, unemployment

On Eliciting Subjective Probability Distributions of Expectations

NBER Working Paper No. w32406
Number of pages: 31 Posted: 14 May 2024
University of California, Berkeley - Department of Economics, University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
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78.

Public Employment Services under Decentralization: Evidence from a Natural Experiment

CESifo Working Paper No. 7957
Number of pages: 69 Posted: 27 Nov 2019
Lukas Mergele and Michael Weber
BSS Volkswirtschaftliche Beratung and University of Chicago - Finance
Downloads 103 (565,205)

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decentralization, public employment services, job placements

79.

Subjective Inflation Expectations of Households

Chicago Booth Research Paper No. 22-20
Number of pages: 9 Posted: 19 Dec 2022
Michael Weber
University of Chicago - Finance
Downloads 100 (577,170)

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Intertemporal Choice, Consumption, Savings, Surveys, Monetary and Fiscal Policy

80.

Effective Policy Communication: Targets Versus Instruments

Bank of Finland Research Discussion Paper No. 17/2020
Number of pages: 45 Posted: 14 Jan 2021
Georgetown University, University of Hohenheim, Bank of Finland - Research and University of Chicago - Finance
Downloads 100 (577,170)
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81.

Managing Households’ Expectations with Simple Economic Policies

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-106
Number of pages: 73 Posted: 20 Aug 2019 Last Revised: 25 Aug 2019
Francesco D'Acunto, Daniel Hoang and Michael Weber
Georgetown University, University of Hohenheim and University of Chicago - Finance
Downloads 92 (609,116)
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Household Finance, Savings, Heterogeneous Beliefs, Fiscal Policy, Monetary Policy, Macrofinance, Natural Experiments, Cognitive Abilities, Behavioral Macroeconomics, Macroeconomics with Micro Data

The Expected, Perceived, and Realized Inflation of U.S. Households Before and During the Covid19 Pandemic

NBER Working Paper No. w29640
Number of pages: 60 Posted: 18 Jan 2022 Last Revised: 22 May 2023
University of Chicago - Finance, University of California, Berkeley - Department of Economics and University of Texas at Austin
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The Expected, Perceived, and Realized Inflation of U.S. Households Before and During the Covid-19 Pandemic

IZA Discussion Paper No. 15027
Number of pages: 61 Posted: 25 May 2022 Last Revised: 29 May 2022
University of Chicago - Finance, University of California, Berkeley - Department of Economics and University of Texas at Austin
Downloads 37 (987,874)
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inflation expectations, COVID-19, surveys

83.

Combining Survey and Geospatial Data Can Significantly Improve Gender-Disaggregated Estimates of Labor Market Outcomes

IZA Discussion Paper No. 15390
Number of pages: 49 Posted: 01 Jul 2022 Last Revised: 04 Jul 2022
KDI School, World Bank, University of Chicago - Finance and University of Maryland
Downloads 83 (648,739)

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small area estimation, data integration, geospatial data, labor force participation, unemployment, Mexico

How Costly Are Business Cycle Volatility and Inflation? A Vox Populi Approach

Chicago Booth Research Paper No. 25-03
Number of pages: 67 Posted: 03 Mar 2025
European Central Bank (ECB) - Directorate General Research, Independent, The University of Texas, Yonsei University - School of Economics, New York University (NYU) - New York University, University of California, Berkeley, European Central Bank (ECB), Yonsei University and University of Chicago - Finance
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cost of business cycles, willingness to pay, inflation

How Costly Are Business Cycle Volatility and Inflation? A Vox Populi Approach

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2025-34
Number of pages: 67 Posted: 19 Feb 2025
European Central Bank (ECB) - Directorate General Research, School of Economics, Yonsei University, University of Texas at Austin, Yonsei University, New York University (NYU) - New York University, University of California, Berkeley - Department of Economics, European Central Bank (ECB), Yonsei University and University of Chicago - Finance
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How Costly are Business Cycle Volatility and Inflation? A Vox Populi Approach

NBER Working Paper No. w33476
Number of pages: 67 Posted: 18 Feb 2025
European Central Bank (ECB) - Directorate General Research, School of Economics, Yonsei University, University of Texas at Austin, Yonsei University, New York University (NYU) - New York University, University of California, Berkeley - Department of Economics, European Central Bank (ECB), Yonsei University and University of Chicago - Finance
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85.

Price Rigidity and the Origins of Aggregate Fluctuations

CESifo Working Paper Series No. 7190
Number of pages: 65 Posted: 05 Nov 2018
Ernesto Pasten, Raphael Schoenle and Michael Weber
University of Toulouse 1 - Toulouse School of Economics (TSE), Brandeis University and University of Chicago - Finance
Downloads 67 (731,547)

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input-output linkages, nominal price rigidity, idiosyncratic shocks

Greater Than the Sum of Its Parts: Aggregate vs. Aggregated Inflation Expectations

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2023-143
Number of pages: 78 Posted: 07 Nov 2023
Danish National Bank, Federal Reserve Bank of Cleveland, University of York, Federal Reserve Bank of Cleveland, Brandeis University and University of Chicago - Finance
Downloads 41 (947,094)
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Greater Than the Sum of Its Parts: Aggregate vs. Aggregated Inflation Expectations

Chicago Booth Research Paper No. 25-06
Number of pages: 78 Posted: 07 May 2025
Danish National Bank, Federal Reserve Bank of Cleveland, University of York, Federal Reserve Bank of Cleveland, Brandeis University and University of Chicago - Finance
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Household expectations, Survey, Sectoral expectations

Greater than the Sum of its Parts: Aggregate vs. Aggregated Inflation Expectations

NBER Working Paper No. w31822
Number of pages: 77 Posted: 07 Nov 2023
Danish National Bank, Federal Reserve Bank of Cleveland, University of York, Federal Reserve Bank of Cleveland, Brandeis University and University of Chicago - Finance
Downloads 11 (1,310,906)
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87.

Households' Response to the Wealth Effects of Inflation

ECB Working Paper No. 2024/2904
Number of pages: 88 Posted: 12 Feb 2024
Goethe University Frankfurt, University of Chicago - Finance and Goethe University Frankfurt
Downloads 64 (749,378)

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Consumption, Inflation Beliefs, Information Treatment, Monetary Policy

Fiscal Policy and Households' Inflation Expectations: Evidence from a Randomized Control Trial

IZA Discussion Paper No. 14114
Number of pages: 56 Posted: 22 Feb 2021 Last Revised: 18 Nov 2021
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
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expectations management, inflation expectations, surveys

Fiscal Policy and Households' Inflation Expectations: Evidence from a Randomized Control Trial

CESifo Working Paper No. 8905
Number of pages: 56 Posted: 03 Mar 2021
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 25 (1,127,335)
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89.

Fiscal Policy and Household’s Inflation Expectations: Evidence from a Randomized Control Trial

Chicago Booth Research Paper No. 21-07, Fama-Miller Working Paper
Number of pages: 55 Posted: 17 Feb 2021
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
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Expectations management, inflation expectations, surveys

Fiscal Policy and Households’ Inflation Expectations: Evidence from a Randomized Control Trial

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-26
Number of pages: 56 Posted: 23 Feb 2021
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
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Fiscal Policy and Households’ Inflation Expectations: Evidence from a Randomized Control Trial

NBER Working Paper No. w28485
Number of pages: 55 Posted: 22 Feb 2021 Last Revised: 01 May 2023
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 12 (1,298,951)

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91.

Households’ Response to the Wealth Effects of Inflation

Center for Financial Studies Working Paper No. 728, 2024
Number of pages: 91 Posted: 06 Feb 2025
Goethe University Frankfurt, University of Chicago - Finance and Goethe University Frankfurt - Faculty of Economics and Business Administration
Downloads 41 (924,486)

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Inflation Beliefs, Information Treatment, Consumption, Monetary Policy

92.

Does Policy Communication During Covid-19 Work?

IZA Discussion Paper No. 13355
Number of pages: 51 Posted: 15 Jun 2020 Last Revised: 18 Nov 2021
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
Downloads 38 (953,404)
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subjective expectations, fiscal policy, monetary policy, COVID-19, surveys

Subjective Income Expectations and Household Debt Choices

University of Chicago, Becker Friedman Institute for Economics Working Paper 2024-84
Number of pages: 77 Posted: 23 Jul 2024 Last Revised: 12 Dec 2024
Francesco D'Acunto, Michael Weber and Xiao Yin
Georgetown University, University of Chicago - Finance and University College London
Downloads 29 (1,077,579)

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Subjective Income Expectations and Household Debt Cycles

NBER Working Paper No. w32715
Number of pages: 78 Posted: 23 Jul 2024
Francesco D'Acunto, Michael Weber and Xiao Yin
Georgetown University, University of Chicago - Finance and University College London
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94.

The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy

NBER Working Paper No. w25303
Number of pages: 75 Posted: 03 Dec 2018 Last Revised: 20 Feb 2022
Ernesto Pastén, Raphael Schoenle and Michael Weber
Central Bank of Chile, Brandeis University and University of Chicago - Finance
Downloads 33 (1,004,499)
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Optimal Monetary and Fiscal Policies in Disaggregated Economies

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2024-112
Number of pages: 44 Posted: 10 Sep 2024
University of Wisconsin-Madison, Jane Street Capital, University of Tübingen - Department of Economics, Central Bank of Chile, Brandeis University and University of Chicago - Finance
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Optimal Monetary and Fiscal Policies in Disaggregated Economies

NBER Working Paper No. w32914
Number of pages: 44 Posted: 10 Sep 2024
University of Wisconsin-Madison, Jane Street Capital, University of Tübingen - Department of Economics, Central Bank of Chile, Brandeis University and University of Chicago - Finance
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96.

Chatgpt and Corporate Policies

NBER Working Paper No. w32161
Number of pages: 68 Posted: 20 Feb 2024
Manish Jha, Jialin Qian, Michael Weber and Baozhong Yang
Georgia State University, Georgia State University - Department of Finance, University of Chicago - Finance and Georgia State University - J. Mack Robinson College of Business
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97.

Human Frictions in the Transmission of Economic Policies

NBER Working Paper No. w29279
Number of pages: 59 Posted: 27 Sep 2021 Last Revised: 03 Jul 2022
Georgetown University, University of Hohenheim, Bank of Finland - Research and University of Chicago - Finance
Downloads 14 (1,229,865)
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98.

Perceived Political Bias of the Federal Reserve

NBER Working Paper No. w33071
Number of pages: 61 Posted: 29 Oct 2024
University of Birmingham, University of Chicago - Finance and University of Illinois at Urbana-Champaign
Downloads 5 (1,311,057)
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99.

Fiscal Policy and Households' Inflation Expectations: Evidence from a Randomized Control Trial

CEPR Discussion Paper No. DP15821
Number of pages: 57 Posted: 01 Mar 2021
University of Texas at Austin, University of California, Berkeley - Department of Economics and University of Chicago - Finance
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