PhD, University of Oxford, 2018

Professor of Economics and Management, University of Cologne

Member, ECONtribute Cluster of Excellence: Markets & Public Policy

Senior Research Fellow, Max Planck Institute for Collective Goods

Research Affiliate, Institute on Behavior and Inequality (briq)

Research Affiliate, Centre for Economic Policy Research (CEPR)

Affiliate Member, CESifo Research Network

Research Fields: Psychology and Economics, Political Economy, Macro-expectations

CV Google Scholar Profile

New paper: Inflation Narratives (with Peter Andre and Ingar Haaland and Johannes Wohlfart)

Publications and Accepted Papers in Economics

Measuring and Bounding Experimenter Demand (with Jon de Quidt and Johannes Haushofer), American Economic Review, 2018, Vol. 108 (11), pp. 3266-3302. Coverage: World Bank Blog

Experienced Inequality and Preferences for Redistribution (with Johannes Wohlfart), Journal of Public Economics, 2018, Vol. 167, pp. 251-262. Coverage: NY Times

Income Shocks and Suicides: Causal Evidence From Indonesia (with Cornelius Christian and Lukas Hensel), Review of Economics and Statistics, 2019, 101(5), pp. 905–920

Labor Market Concerns and Support for Immigration (with Ingar Haaland) [Instructions], Journal of Public Economics, 2020, Vol. 191, 104256

How Do Expectations About the Macroeconomy Affect Personal Expectations and Behavior? (with Johannes Wohlfart), Review of Economics and Statistics, 2020, 102(4), pp. 731–748. Coverage: FAZIT

Beliefs about Public Debt and the Demand for Government Spending (with Sonja Settele and Johannes Wohlfart), Journal of Econometrics, 2021.

Coronavirus Perceptions and Economic Anxiety (with Thiemo Fetzer and Lukas Hensel and Johannes Hermle), Review of Economics and Statistics, 2021. Coverage: VoxEU

Risk Exposure and Acquisition of Macroeconomic Information (with Sonja Settele and Johannes Wohlfart), American Economic Review: Insights, forthcoming.

Beliefs about Racial Discrimination and Support for Pro-Black Policies (with Ingar Haaland), Review of Economics and Statistics, forthcoming.

Designing Information Provision Experiments (with Ingar Haaland and Johannes Wohlfart), Journal of Economic Literature, forthcoming. Coverage: World Bank Blog

Do People Demand Fact-Checked News? Evidence From U.S. Democrats (with Felix Chopra and Ingar Haaland), Journal of Public Economics, forthcoming.

Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples (with Peter Andre and Carlo Pizzinelli and Johannes Wohlfart) Accepted, Review of Economic Studies

Working Papers in Economics

Opinions as Facts (with Leonardo Bursztyn and Aakaash Rao, and David Yanagizawa-Drott). Coverage: Revise and Resubmit, Review of Economic Studies
This supersedes a previous draft circulated under the title Misinformation During a Pandemic

Interregional Contact and National Identity (with Manuel Bagues) Coverage: VoxEU, Nadaesgratis Revise and Resubmit, American Economic Journal: Economic Policy

Political Activists as Free-Riders: Evidence From a Natural Field Experiment (with Anselm Hager and Lukas Hensel and Johannes Hermle) Revise and Resubmit, Economic Journal

The Effects of Forward Guidance: Theory with Measured Expectations (with Mirko Wiederholt and Johannes Wohlfart)

Uncertainty and Information Acquisition: Evidence from Firms and Households (with Heiner Mikosch, Samad Sarferaz and Johannes Wohlfart).

Worker Beliefs about Rents and Outside Options (with Simon Jäger, Nina Roussille and Benjamin Schoefer)

Disguising Prejudice: Popular Rationales as Excuses for Intolerant Expression (with Leonardo Bursztyn and Ingar Haaland and Aakaash Rao). Coverage:, VoxEU

Information Frictions Among Firms and Households (with Sebastian Link, Andreas Peichl and Johannes Wohlfart)

Do People Value More Informative News? (with Felix Chopra and Ingar Haaland)

Methods Review: Studying Information Acquisition in the Field: A Practical Guide and Review (with Francesco Capozza and Ingar Haaland and Johannes Wohlfart)

Papers in Political Science and Sociology

Group Size and Protest Mobilization across Movements and Countermovements (with Anselm Hager and Lukas Hensel and Johannes Hermle), American Political Science Review, forthcoming.

Does Information Change Attitudes Towards Immigrants? (with Alexis Grigorieff and Diego Ubfal), Demography, 2020, 57, 1117-1143. Coverage: Washington Post, VoxEU

Does Party Competition Affect Political Activism? (with Anselm Hager and Lukas Hensel and Johannes Hermle), The Journal of Politics, 2021 , 83(4), 1681-1694.

Global Behaviors, Perceptions, and the Emergence of Social Norms at the Onset of the COVID-19 Pandemic (joint with Lukas Hensel , Thiemo Fetzer, Marc Witte, Jon Jachimowicz, Johannes Haushofer, Andriy Ivchenko, Stefano Caria, Elena Reutskaja, Stefano Fiorin, Margarita Gómez, Gordon Kraft-Todd, Friedrich Götz, Erez Yoeli), Journal of Economic Behavior and Organization, forthcoming.

Are Political Activists Driven by Instrumental Motives? Evidence from Two Natural Field Experiments (with Anselm Hager and Lukas Hensel and Johannes Hermle) Revise and Resubmit, Journal of Politics.

Publication in German

Makroökonomische Erwartungen und ihre Rolle in wirtschaftlichen Entscheidungen von Haushalten (with Johannes Wohlfart) Perspektiven der Wirtschaftspolitik, 20 (2), 159-166

PhD Course

Johannes Wohlfart and I organized a PhD course on Subjective Beliefs in Macroeconomics and Household Finance on April 19-23 2021. You can find all of the course materials here.