1. Discussion and Working Paper // 2023

    Households' probabilistic inflation expectations in high-inflation regimes

    Central bank surveys frequently elicit households’ probabilistic beliefs about future inflation. The responses provide only a coarse picture of inflation beliefs further away from zero. Using data from the…

  2. Discussion and Working Paper // 2023

    Testing for differences in survey-based density forecasts: A compositional data approach

    We propose to treat survey-based density expectations as compositional data when testing either for heterogeneity in density forecasts across different groups of agents or for changes over time. Monte Carlo…

  3. Discussion and Working Paper // 2023

    Changing the Game: The Role of Women in Experiential Learning

    Using economic games as a learning intervention in 56 Indian communities showed that involving more women led to greater success in sustainable water management two years after the intervention. Participation of…

  4. Discussion and Working Paper // 2023

    Public Procurement as an Innovation Policy: Where Do We Stand?

    Economics and innovation scholars have long recognized the potential of public procurement to trigger innovation. To what extent has this potential been realized so far? What can be done to improve the…

  5. Discussion and Working Paper // 2023

    Transparency and Policy Competition: Experimental Evidence from German Citizens and Politicians

    A lack of transparency about policy performance can pose a major obstacle to welfare-enhancing policy competition across jurisdictions. In parallel surveys with German citizens and state parliamentarians, we…

  6. Discussion and Working Paper // 2023

    Thermodynamik - grundlegende Einsichten für ein Verständnis von Umweltproblemen

    In this paper, we present a way that allows to make fundamental statements about how economic action entails harmful effects on the environment. These effects are due to natural scientific reasons and are…