Surveys with information provision experiments have become popular in economics. This column introduces an information provision experiment in a model of rational inattention – where information requires paying attention, which is costly – to study the implications of experimental findings for behaviour outside the survey. It highlights that the balance of two counteracting effects, attention-in-daily-life […]
The increasing use of mobile phones is making a range of digital resources more widely available to people across the income spectrum. Eighty-four percent of adults in developing countries now have their own phone—a promising finding from the inaugural Global Findex Digital Connectivity Tracker. Yet, about one-in-four of these adults have a more affordable basic phone, […]
As inflation surged globally, economists and policymakers focused their attention on the expectations of households and financial markets – but relatively little was known about the inflation expectations of firms. Using a survey of French firms from 2020 to 2024, this column examines how inflation expectations form, evolve, and affect decisions, as well as their […]
