🆕 Policy Paper 🚨 The Demand for Economic Narratives 📘 w/ Sebastian Blesse, Klaus Gründler & Philipp Heil 🧠 Do people actually value economic narratives — or just numbers? 💸 Turns out: households are willing to pay for narratives. 1/4 #Narratives #BehavioralEconomics @ifoeducation.bsky.social
Philipp Heil
@philippheil.bsky.social
Postdoctoral Researcher @HEC Paris, interested in Behavioral Macroeconomics and Public Economics. https://sites.google.com/view/philipp-heil/start
New paper: @philippheil.bsky.social and Niklas Potrafke introduce "The Economic Experts Survey", the most comprehensive global survey of economic experts established at the ifo Institute. www.degruyterbrill.com/document/doi...
🔔 New working paper: “The Demand for Economic Narratives” with Sebastian Blesse, Klaus Gründler & @henninghermes.com We study whether households actually demand and value economic narratives — and how these narratives shape beliefs and understanding. Thread following below👇 1/10
What is behind tax elasticities? Often we think firms move when taxes increase. Asked directly, they indeed complain but experimental evidence shows they will not act. Instead tax cuts attract investments. Tax policy works like a ratchet due to home bias: dx.doi.org/10.2139/ssrn...
Local Policy Misperceptions and Investment: Experimental Evidence from Firm Decision Makers
We study firm responses to local policies through a survey experiment, providing randomized information on the competitiveness of business tax rates and highway
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