Why more information can make macroeconomic expectations less accurate: Global evidence from 47 countries

Households do not simply choose how much macroeconomic information to acquire; they choose among sources that differ in representativeness and credibility. Using a survey of
Pension funds, unlisted firms, and Europe’s Capital Markets Union

Europe’s Capital Markets Union debate is again centred on how to turn savings into productive investment. This column uses Danish ownership and register data to

