Search Results - "D'Acunto, Francesco"

The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications by Weber, Michael, D’Acunto, Francesco, Gorodnichenko, Yuriy, Coibion, Olivier

“…Households’ and firms’ subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective…”
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Gender roles produce divergent economic expectations by D’Acunto, Francesco, Malmendier, Ulrike, Weber, Michael

“…Expectations about economic variables vary systematically across genders. In the domain of inflation, women have persistently higher expectations than men. We…”
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Historical Antisemitism, Ethnic Specialization, and Financial Development by D’ACUNTO, FRANCESCO, PROKOPCZUK, MARCEL, WEBER, MICHAEL

“…Historically, European Jews have specialized in financial services while being the victims of antisemitism. We find that the present-day demand for finance is…”
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Managing Households’ Expectations with Unconventional Policies by D’Acunto, Francesco, Hoang, Daniel, Weber, Michael

“…Abstract Binding lower bounds on interest rates and large government deficits limit the scope of fiscal and monetary policies to stimulate households’ spending…”
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The Promises and Pitfalls of Robo-Advising by D’Acunto, Francesco, Prabhala, Nagpurnanand, Rossi, Alberto G.

“…We study the introduction of a wealth-management robo-adviser that constructs portfolios tailored to investors’ holdings and preferences. Adopters are similar…”
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IQ, Expectations, and Choice by D’Acunto, Francesco, Hoang, Daniel, Paloviita, Maritta, Weber, Michael

“…Abstract We use administrative and survey-based micro data to study the relationship between cognitive abilities (IQ), the formation of inflation expectations,…”
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Flexible prices and leverage by D’Acunto, Francesco, Liu, Ryan, Pflueger, Carolin, Weber, Michael

“…The frequency with which firms adjust output prices helps explain persistent differences in capital structure across firms. Unconditionally, the most…”
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Regressive Mortgage Credit Redistribution in the Post-Crisis Era by D’Acunto, Francesco, Rossi, Alberto G

“…Abstract We document four secular trends about U.S. mortgage origination by traditional and FinTech lenders after the 2008-2009 financial crisis. First, since…”
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Crowdsourcing peer information to change spending behavior by D’Acunto, Francesco, Rossi, Alberto G., Weber, Michael

“…We isolate the information channel of peer effects in consumption in a setting that excludes a role for common shocks or social pressure—a spending panel…”
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Banks’ Market Power, Access to Finance, and Leverage by Bustamante, M Cecilia, D’Acunto, Francesco

“…Abstract How does lending-market competitiveness shape new firms’ financing? Using a unique U.S. representative panel of new firms, we document that in more…”
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Why Survey-Based Subjective Expectations Are Meaningful and Important by D'Acunto, Francesco, Weber, Michael

“…For decades, households’ subjective expectations elicited via surveys have been considered meaningless because they often differ substantially from the…”
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Unconventional Fiscal Policy by D’Acunto, Francesco, Hoang, Daniel, Weber, Michael

“…Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption…”
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Cognitive Abilities and Inflation Expectations by D’Acunto, Francesco, Hoang, Daniel, Paloviita, Maritta, Weber, Michael

“…Cognitive abilities help explain the large cross-sectional variation in inflation expectations at the household level. But which type of cognitive abilities…”
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Telecracy: Testing for Channels of Persuasion by Barone, Guglielmo, D'Acunto, Francesco, Narciso, Gaia

“…We consider the long-lived slant towards Berlusconi in political information on Italian television (TV). We exploit a shock to the slanted exposure of viewers:…”
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Robo-Advice: Transforming Households into Rational Economic Agents by D'Acunto, Francesco, Rossi, Alberto G

“…Robo-advice uses big and open data to provide consumers with fully informed and rational-expectation benchmarks in all realms of household finance, including…”
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Essays in History & Finance by D'Acunto, Francesco

“…To which extent may history help us understand current financial outcomes? Financial History typically tests for financial theories using historical data, or…”
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Essays in History & Finance by D'Acunto, Francesco

“…To which extent may history help us understand current financial outcomes? Financial History typically tests for financial theories using historical data, or…”
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