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Displaying results 1 to 5 of 5.

  1. Working in the shadow
    survey techniques for measuring and explaining undeclared work
    Author: Burgstaller, Lilith; Feld, Lars P.; Pfeil, Katharina
    Published: 2022
    Publisher:  Walter Eucken Institut, [Freiburg i. Br.]

    Little is known about the size and determinants of undeclared work. While approaches to measure the shadow economy have been extensively discussed, conventional surveys dominate research on undeclared work. We review and extend this literature by... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    DS 24
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    Little is known about the size and determinants of undeclared work. While approaches to measure the shadow economy have been extensively discussed, conventional surveys dominate research on undeclared work. We review and extend this literature by first referring to the most recent survey data on undeclared work in Germany and, second, by discussing four experimental survey techniques as well as their few applications to questions of undeclared work. We argue that the randomized response technique and list experiments would validate and improve prevalence estimates of undeclared work, whereas careful design of information provision experiments and discrete choice experiments would fill the gap on determinants that causally affect decisions to supply and demand undeclared work.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/261337
    Series: Freiburg discussionpapers on constitutional economics ; 22, 7
    Subjects: Undeclared Work; Experimental Survey; Survey Data
    Scope: 1 Online-Ressource (circa 35 Seiten)
  2. Would households understand average inflation targeting?
    Author: Hoffmann, Mathias; Pavlova, Lora; Mönch, Emanuel; Schultefrankenfeld, Guido
    Published: [2022]
    Publisher:  Deutsche Bundesbank, Frankfurt am Main

    Yes, they would. In a randomized control trial, we provide groups of respondents from the Bundesbank Online Panel Households with information about a hypothetical alternative ECB monetary policy regime akin to the Federal Reserve’s flexible average... more

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    Yes, they would. In a randomized control trial, we provide groups of respondents from the Bundesbank Online Panel Households with information about a hypothetical alternative ECB monetary policy regime akin to the Federal Reserve’s flexible average inflation targeting (AIT). Inflation expectations significantly increase for the treated individuals. When provided with additional information about near-term inflation, individuals update their expected inflation path in line with the central banks’ intentions. This is particularly true for individuals with high trust in the ECB. We assess the economic significance of our findings by comparing two model economies under different monetary policy strategies, calibrated to match the difference in medium-term inflation expectations from our survey results. Under AIT, inflation is substantially less volatile and the frequency of hitting the lower bound on interest rates is considerably reduced.

     
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9783957298850
    Other identifier:
    hdl: 10419/260398
    Series: Discussion paper / Deutsche Bundesbank ; no 2022, 17
    Subjects: Monetary Policy Strategy; Household Inflation Expectations; Randomized Control Trial; Survey Data
    Scope: 1 Online-Ressource (circa 50 Seiten), Illustrationen
  3. Personality-augmented MPC
    linking survey and transaction data to explain MPC heterogeneity by Big Five personality traits
    Author: Nemeczek, Fabian; Radermacher, Jan
    Published: [2022]
    Publisher:  Leibniz Institute for Financial Research SAFE, Sustainable Architecture for Finance in Europe, [Frankfurt am Main]

    We investigate the link between Big Five personality traits and the marginal propensity to consume (MPC) for users of a German financial account aggregator app. We use 1,700 survey responses and transaction data of 56,000 app users to assess whether... more

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    We investigate the link between Big Five personality traits and the marginal propensity to consume (MPC) for users of a German financial account aggregator app. We use 1,700 survey responses and transaction data of 56,000 app users to assess whether Big Five personality traits help explain MPC heterogeneity. We find that extraversion corresponds to an increase in consumption whereas agreeableness and neuroticism correspond to a decrease in consumption. We test this with trust and risk preferences and find that risk indicates more explanatory power in consumption response than the Big Five. Our findings help policy makers target individuals more efficiently.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/253381
    Series: SAFE working paper ; no. 348 (April 2022)
    Subjects: Marginal Propensity to Consume; Big Five Personality; Survey Data; Transaction Data
    Scope: 1 Online-Ressource (circa 67 Seiten), Illustrationen
  4. P-hacking, data type and data-sharing policy
    Author: Brodeur, Abel; Cook, Nikolai; Neisser, Carina
    Published: September 2022
    Publisher:  ECONtribute, Bonn

    In this paper, we examine the relationship between p-hacking and datasharing policies for published articles. We collect 38,876 test statistics from 1,106 articles published in leading economic journals between 2002-2020. While a data-sharing policy... more

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    In this paper, we examine the relationship between p-hacking and datasharing policies for published articles. We collect 38,876 test statistics from 1,106 articles published in leading economic journals between 2002-2020. While a data-sharing policy increases the provision of research data to the community, we find a well-estimated null effect that requiring authors to share their data at the time of publication does not alter the presence of p-hacking. Similarly, articles that use hard-to-access administrative data or third-party surveys, as compared to those that use easier-to-access (e.g., own-collected) data are not different in their p-hacking extent. Voluntary provision of data by authors on their homepages offers no evidence of reduced p-hacking.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/268033
    Series: ECONtribute discussion paper ; no. 200
    Subjects: p-Hacking; Publication Bias; Data and Code Availability; Data Sharing Policy; Administrative Data; Survey Data
    Scope: 1 Online-Ressource (circa 85 Seiten), Illustrationen
  5. Who likes it more?
    using response times to elicit group preferences in surveys
    Author: Alós-Ferrer, Carlos; Garagnani, Michele
    Published: December 2022
    Publisher:  University of Zurich, Department of Economics, Zurich

    Surveys and opinion polls are essential instruments to elicit societal preferences and uncover differences between socioeconomic or demographic groups. However, survey data is noisy, and survey bias is ubiquitous, limiting the reliability and... more

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    DS 191
    Inter-library loan:
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    Surveys and opinion polls are essential instruments to elicit societal preferences and uncover differences between socioeconomic or demographic groups. However, survey data is noisy, and survey bias is ubiquitous, limiting the reliability and usefulness of standard analyses. We provide a new method that uncovers group preferences and unambiguously ranks the relative strength of preference between groups of agents, leveraging the information contained in response times. The method delivers a nonparametric criterion to determine whether a group (defined, e.g., by gender, age cohort, socioeconomic status, political orientation, etc.) prefers an option over its alternative, and whether it does so more strongly than another group, without any assumptions on the underlying noise. We demonstrate the practical value of this method by studying preferences over important socioeconomic topics in a representative sample of the U.K. population. We find that the new method often provides results when tests based on choice frequencies are inconclusive, and also identifies cases where tests are significant but inferences on preferences are unwarranted.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/267216
    Edition: This version: December 2022
    Series: Working paper series / University of Zurich, Department of Economics ; no. 422
    Subjects: Survey Data; Revealed Preference; Response Times; Stochastic Choice
    Scope: 1 Online-Ressource (circa 37 Seiten), Illustrationen