Data and Code for: Uncertainty and Information Acquisition: Evidence From Firms and Households

Principal Investigator(s):  View help for Principal Investigator(s) Heiner Mikosch, KOF Swiss Economic Institute; Christopher Roth, University of Cologne; Samad Sarferaz, KOF Swiss Economic Institute; Johannes Wohlfart, University of Copenhagen

Version:  View help for Version V1

Name File Type Size Last Modified
  ReplicationFiles_AEJMacro 06/27/2023 07:58:AM
ReplicationFiles_UncertaintyandInfoAcqu.zip application/zip 2.4 MB 06/27/2023 03:46:AM

Project Citation: 

Mikosch, Heiner , Roth, Christopher, Sarferaz, Samad, and Wohlfart, Johannes. Data and Code for:  Uncertainty and Information Acquisition: Evidence From Firms and Households. Nashville, TN: American Economic Association [publisher], 2024. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2024-02-28. https://doi.org/10.3886/E184701V1

Project Description

Summary:  View help for Summary We leverage the small open economy Switzerland as a testing ground
for basic premises of macroeconomic models of endogenous information
acquisition, using tailored surveys of firms and households. Firms and
households perceiving a greater exposure to exchange rate fluctuations
acquire more information about the exchange rate. Moreover, higher
perceived costs of acquiring or processing information are associated
with lower levels of information acquisition. Finally, an exogenous increase
in the perceived uncertainty of the exchange rate increases firms’
demand for a report about exchange rate developments, but not households’.
Our findin

Funding Sources:  View help for Funding Sources Center for Economic Behavior and Inequality (CEBI) (DNRF134); German Research Foundation (EXC 2126/1-390838866)

Scope of Project

JEL Classification:  View help for JEL Classification
      D83 Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
      D84 Expectations; Speculations
      E71 Macro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on the Macro Economy
Data Type(s):  View help for Data Type(s) experimental data


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V1 [2024-02-28]

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