Uncertainty and information acquisition: Evidence from firms and households (Record no. 525950)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01590nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240426b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Mikosch, Heiner et al |
| 245 ## - TITLE STATEMENT | |
| Title | Uncertainty and information acquisition: Evidence from firms and households |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | American Economic Journal: Microeconomics |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 16(2), Apr, 2024: p.375-405 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | 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 findings inform the modeling of information frictions in macroeconomics.- Reproduced https://www.aeaweb.org/articles?id=10.1257/mac.20220047 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Macroeconomics, endogenous information acquisition, small open economy, Switzerland, exchange rate fluctuations, information frictions, tailored surveys, firms, households, perceived exposure, information acquisition costs, perceived uncertainty, demand for exchange rate reports, aggregate modeling |
| 9 (RLIN) | 51903 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | American Economic Journal: Microeconomics |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
| Subject DIP | MACRO- ECONOMICS |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2024-04-26 | 16(2), Apr, 2024: p.375-405 | AR131743 | 2024-04-26 | Articles |