🚨 New paper! 🚨 w/ @ph_schirmer @JoWohlfart Stock markets revolve around return expectations, which traders form in light of their deeper understanding – their mental model – of the market ... ... which we know very little about. Time to change this! https://t.co/ZzPxWQ2Xo8

📣 Early-Career Behavioral Economics Conference 2025 will take place at FAIR, NHH! 🚀 Submit your paper and read more about the conference here: https://t.co/sJqP3JJeil @NHHnor @NHHEcon

🚀 Help us spread the word! 🚀 Are you early-career? ✅ Is your work in or related to behavioral economics? ✅ Then don’t miss the chance to apply for the ECBE 2025 at FAIR @TheChoiceLab in beautiful Bergen, June 19-20, 2025! Application deadline: December 15, 2024.

📝New SAFE Working Paper No. 426 "Narratives about the Macroeconomy" by @ptr_andre, @Ingar30, Christopher Roth, Mirko Wiederholt, and @JoWohlfart. 👉Find the paper here: https://t.co/KBDgt5ItRV #EconTwitter #Inflation

Shout-out to the team at Climate Acceptance Studios @ClimateAccept. They translated our research on global willingness to act against climate change into a short video. More info on the initiative: https://t.co/ihOqHr0HfV Paper here: https://t.co/q6gTXSblzX

Recently accepted by #QJE, “Stories, Statistics, and Memory,” by Graeber (@ThomasGraeber), Roth, and Zimmermann:

Do we hold others responsible for their choices even when these choices have been shaped by unfair unequal circumstances? Yes, we do, suggests "Shallow Meritocracy" from Peter Andre (@ptr_andre), recently accepted at REStud. https://t.co/AZqN04YVqT

Congratulations to Philipp Strack of @Yale University, winner of the 2024 John Bates Clark Medal!

8th SAFE Household Finance Workshop with @marinaniessner as a keynote speaker- 3 days to submit: https://t.co/qc1MpogHa4 Thanks to the great program committee @TBerg_Finance @MariekeJBos @KimFeCramer @AndrejGill @KatrinGoedker @z_iliewa @ArnaOlafsson @peng_cameron @JoWohlfart .

Why do you tend to read ideologically aligned news? Because it feels good to have your beliefs confirmed – or because you tend to perceive aligned news as more accurate? Our recent @EJ_RES paper (with @FelixChopra and Chris Roth) uses an experiment to tackle this question.🧵

Feeling alone in the fight against climate change? Think again! A new study reveals: 6️⃣9️⃣% of people are willing to contribute 1% of income for climate action 8️⃣9️⃣% call for increased political action You are part of a global majority pushing for change! 🌍💪 #ClimateAction

🚨 Full-Time Pre-Doc Position at Harvard Looking for a full-time pre-doc (starting July '24) to work with me on questions in behavioral economics on the role of complexity, using experiments and speech data! Link below, deadline rolling https://t.co/aHDBECwdZF @econ_ra

🎓New career opportunities at SAFE! 📚Join our team: We're seeking a postdoctoral researcher, a research assistant, and a student assistant across projects and departments. 👉Find all details and submit your application via https://t.co/EFG2KHtthZ #PhD #hiring #Postdoc

📆 12 March @ 13:00 GMT The CEPR Advanced Forum in Financial Economics #CAFFE continues with our next session on expectation formation. With Kathrin Schlafmann (@CBScph) and @ptr_andre (@goetheuni). Register here: https://t.co/k3At8yf3a6 #EconTwitter

with @FelixChopra @TeodoraBoneva1 @Armin_Falk Link to paper: https://t.co/q6gTXSblzX Link to website with further information:

"Rather than echoing the concerns of a vocal minority that opposes any form of climate action, we need to effectively communicate that the vast majority of people around the world are willing to act against climate change and expect their national government to act."

This misperception can hinder successful climate action. People who underestimate the public support are often less willing to take action themselves. Our best response is to correct our own pessimism. As we conclude in the paper …

3⃣ Yet, the majority believes they are in the minority: people systematically underestimate others' willingness to fight climate change. In basically all 125 countries, and to a large extent.

2⃣ The willingness to act on climate change is significantly higher in countries most affected by it. Conversely, richer nations show a somewhat lower willingness.

1⃣ 69% of people worldwide are willing to contribute 1% of their income to fight climate change. 86% say people should try to fight climate change. And an astonishing 89% demand intensified political action.

We conducted a globally representative, behaviorally-validated survey – the Global Climate Change Survey – in 125 countries, with ~130k interviews.