In this chapter, we discuss field experiments in surveys that are conducted with the purpose
of learning about expectation formation and the link between expectations and behavior. We …

We show that past inflation experiences strongly predict homeownership within and across
countries. First, we collect novel survey data, which reveal inflation protection to be a key …

Abstract “Epidemiological” models of belief formation put social interactions at their core;
such models are widely used by scholars who are not economists to study the dynamics of …

Housing is the single largest component of wealth for the majority of households in the Euro
area countries with implications for consumer spending, and residential investment is a …

This study investigates the effects of key economic factors on the median list price and
median selling price in the US housing market. Key economic factors such as interest rates …

The recent so-called 'data revolution'offers unprecedented opportunities to innovate regional
policies. New data sources are being widely used by the scientific community, however their …

We study how US consumers' house price expectations respond to verbal and non-verbal
communication about interest rate changes using several large online surveys. Verbal …

Households often learn about the macroeconomy through social communications. We show
how communication via social networks allows idiosyncratic shocks to propagate into …

Existing literature documents that house prices respond to monetary policy surprises with a
significant delay, taking years to reach their peak response. We present new evidence of a …

Until recently, the literature ignored the interactions between housing and macroeconomics.
Thanks to many researchers' contributions, the macro-housing field is in development. This …