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Details about Johannes Wohlfart

Homepage:https://sites.google.com/site/johanneswohlfartecon/home
Workplace:Wirtschafts- und Sozialwissenschaftliche Fakultät (Faculty of Social and Economic Sciences), Universität zu Köln (University of Cologne), (more information at EDIRC)
Max-Planck-Institut zur Erforschung von Gemeinschaftsgütern (Max Planck Institute for Research on Collective Goods), Max-Planck-Gesellschaft (Max Planck Society), (more information at EDIRC)

Access statistics for papers by Johannes Wohlfart.

Last updated 2026-08-11. Update your information in the RePEc Author Service.

Short-id: pwo357


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Working Papers

2026

  1. Do People Have Economic Expectations?
    CESifo Working Paper Series, CESifo Downloads
    Also in ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2026) Downloads
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2026) Downloads
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) (2026) Downloads
  2. Household Behavior Below the Zero Lower Bound
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany Downloads
    Also in CESifo Working Paper Series, CESifo (2026) Downloads
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) (2026) Downloads
    CEPR Discussion Papers, Centre for Economic Policy Research (2026) Downloads
  3. Macro Theory with Measured Expectations
    CESifo Working Paper Series, CESifo Downloads
    Also in ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2026) Downloads
    CEPR Discussion Papers, Centre for Economic Policy Research (2026) Downloads
  4. Unemployment Narratives
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany Downloads
    Also in CESifo Working Paper Series, CESifo (2026) Downloads
    IZA Discussion Papers, IZA Network @ LISER (2026) Downloads
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) (2026) Downloads
  5. Wage Expectations and Job Search
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany Downloads View citations (1)
    Also in CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) (2026) Downloads
    CESifo Working Paper Series, CESifo (2026) Downloads View citations (1)

2025

  1. Attention to the Macroeconomy
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) Downloads View citations (6)
    Also in CEPR Discussion Papers, Centre for Economic Policy Research (2023) Downloads
    VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges, Verein für Socialpolitik / German Economic Association (2024) Downloads View citations (1)
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2023) Downloads View citations (4)
  2. Understanding Economic Behavior Using Open-Ended Survey Data
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany Downloads View citations (25)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2024) Downloads View citations (15)
    CEPR Discussion Papers, Centre for Economic Policy Research (2025) Downloads View citations (4)

    See also Journal Article Understanding Economic Behavior Using Open-Ended Survey Data, Journal of Economic Literature, American Economic Association (2025) Downloads View citations (13) (2025)

2024

  1. Information Experiments
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany Downloads
  2. Measuring What Is Top of Mind
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) Downloads View citations (28)
    Also in ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2024) Downloads View citations (33)
  3. Mental Models of the Stock Market
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) Downloads View citations (5)
    Also in SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2023) Downloads View citations (8)
    CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany (2024) Downloads View citations (6)
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2023) Downloads View citations (15)
    CESifo Working Paper Series, CESifo (2023) Downloads View citations (15)
  4. Narratives about the macroeconomy
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE Downloads View citations (16)
    Also in CEPR Discussion Papers, Centre for Economic Policy Research (2022) Downloads
    CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany (2022) Downloads View citations (38)
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) (2021) Downloads View citations (12)
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2021) Downloads View citations (16)
    CESifo Working Paper Series, CESifo (2023) Downloads View citations (17)

2023

  1. Home Price Expectations and Spending: Evidence from a Field Experiment
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany Downloads View citations (12)
    Also in CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) (2023) Downloads View citations (10)
    CESifo Working Paper Series, CESifo (2023) Downloads View citations (12)

    See also Journal Article Home Price Expectations and Spending: Evidence from a Field Experiment, American Economic Review, American Economic Association (2025) Downloads View citations (13) (2025)
  2. The Effects of Monetary Policy: Theory with Measured Expectations
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany Downloads View citations (17)
    Also in CESifo Working Paper Series, CESifo (2023) Downloads View citations (17)
    Sciences Po Economics Publications (main), HAL (2022) Downloads
    Working Papers, HAL (2022) Downloads

2022

  1. Beliefs About Public Debt and the Demand for Government Spending
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany Downloads View citations (47)
    Also in CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) (2020) Downloads
    CESifo Working Paper Series, CESifo (2020) Downloads View citations (8)

    See also Journal Article Beliefs about public debt and the demand for government spending, Journal of Econometrics, Elsevier (2022) Downloads View citations (39) (2022)
  2. Information Frictions among Firms and Households
    IZA Discussion Papers, IZA Network @ LISER Downloads
    Also in The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (2021) Downloads View citations (21)
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2022) Downloads
    CAGE Online Working Paper Series, Competitive Advantage in the Global Economy (CAGE) (2021) Downloads View citations (21)
    VfS Annual Conference 2021 (Virtual Conference): Climate Economics, Verein für Socialpolitik / German Economic Association (2021) Downloads View citations (16)
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) (2021) Downloads View citations (21)
    CESifo Working Paper Series, CESifo (2021) Downloads View citations (21)

    See also Journal Article Information frictions among firms and households, Journal of Monetary Economics, Elsevier (2023) Downloads View citations (52) (2023)
  3. Recent Advances in Studies of News Consumption
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany Downloads View citations (4)
    Also in CESifo Working Paper Series, CESifo (2022) Downloads View citations (4)
  4. Risk Exposure and Acquisition of Macroeconomic Information
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany Downloads View citations (15)
    Also in CESifo Working Paper Series, CESifo (2020) Downloads View citations (9)
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) (2021) Downloads View citations (11)
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (2021) Downloads View citations (6)

    See also Journal Article Risk Exposure and Acquisition of Macroeconomic Information, American Economic Review: Insights, American Economic Association (2022) Downloads View citations (15) (2022)

2021

  1. Beliefs About the Stock Market and Investment Choices: Evidence from a Field Experiment
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) Downloads View citations (14)
    Also in ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2021) Downloads View citations (14)
  2. Beliefs about the Stock Market and Investment Choices: Evidence from a Survey and a Field Experiment
    CESifo Working Paper Series, CESifo Downloads View citations (15)
  3. Inflation Narratives
    CEPR Discussion Papers, Centre for Economic Policy Research Downloads
    Also in CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany (2021) Downloads View citations (7)
  4. Studying Information Acquisition in the Field: A Practical Guide and Review
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) Downloads View citations (17)
    Also in ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2021) Downloads View citations (18)
  5. Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany Downloads View citations (29)
    Also in CESifo Working Paper Series, CESifo (2019) Downloads View citations (68)
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) (2019) Downloads
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (2021) Downloads View citations (24)

    See also Journal Article Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples, The Review of Economic Studies, Review of Economic Studies Ltd (2022) Downloads View citations (185) (2022)
  6. The Effects of Forward Guidance: Theory with Measured Expectations
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) Downloads View citations (7)
    Also in ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2021) Downloads View citations (8)
    CEPR Discussion Papers, Centre for Economic Policy Research (2021) Downloads
  7. Uncertainty and Information Acquisition: Evidence from Firms and Households
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) Downloads View citations (6)
    Also in ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2021) Downloads View citations (6)
    CESifo Working Paper Series, CESifo (2021) Downloads View citations (6)
    CEPR Discussion Papers, Centre for Economic Policy Research (2021) Downloads View citations (3)

    See also Journal Article Uncertainty and Information Acquisition: Evidence from Firms and Households, American Economic Journal: Macroeconomics, American Economic Association (2024) Downloads View citations (16) (2024)

2020

  1. Designing Information Provision Experiments
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) Downloads View citations (103)
    Also in CESifo Working Paper Series, CESifo (2020) Downloads View citations (111)
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (2020) Downloads View citations (102)
    CAGE Online Working Paper Series, Competitive Advantage in the Global Economy (CAGE) (2020) Downloads View citations (122)

    See also Journal Article Designing Information Provision Experiments, Journal of Economic Literature, American Economic Association (2023) Downloads View citations (324) (2023)
  2. Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations
    CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) Downloads View citations (35)
    Also in CESifo Working Paper Series, CESifo (2020) Downloads View citations (41)
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2020) Downloads View citations (38)

    See also Journal Article Exposure to the COVID-19 Stock Market Crash and Its Effect on Household Expectations, The Review of Economics and Statistics, MIT Press (2021) Downloads View citations (36) (2021)
  3. The Trading Response of Individual Investors to Local Bankruptcies
    CESifo Working Paper Series, CESifo Downloads View citations (5)
    Also in CEBI working paper series, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI) (2020) Downloads
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2020) Downloads View citations (5)

    See also Journal Article The trading response of individual investors to local bankruptcies, Journal of Financial Economics, Elsevier (2021) Downloads View citations (14) (2021)

2019

  1. How Do Consumers Adapt to a New Environment in their economic forecasting? Evidence from the German Reunification
    VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy, Verein für Socialpolitik / German Economic Association Downloads View citations (1)
    Also in IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS) (2018) Downloads View citations (3)

2018

  1. How Do Expectations About the Macroeconomy Affect Personal Expectations and Behavior?
    CESifo Working Paper Series, CESifo Downloads View citations (23)
    Also in IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS) (2018) Downloads View citations (23)

    See also Journal Article How Do Expectations about the Macroeconomy Affect Personal Expectations and Behavior?, The Review of Economics and Statistics, MIT Press (2020) Downloads View citations (196) (2020)

2016

  1. Experienced Inequality and Preferences for Redistribution
    CESifo Working Paper Series, CESifo Downloads View citations (2)
    See also Journal Article Experienced inequality and preferences for redistribution, Journal of Public Economics, Elsevier (2018) Downloads View citations (122) (2018)

2014

  1. Relative Concerns for Consumption at the Top: An Intertemporal Analysis for the UK
    IZA Discussion Papers, IZA Network @ LISER Downloads View citations (1)
    See also Journal Article “Relative concerns for consumption at the top”: An intertemporal analysis for the UK, Journal of Economic Behavior & Organization, Elsevier (2016) Downloads View citations (12) (2016)

Journal Articles

2025

  1. Home Price Expectations and Spending: Evidence from a Field Experiment
    American Economic Review, 2025, 115, (7), 2267-2305 Downloads View citations (13)
    See also Working Paper Home Price Expectations and Spending: Evidence from a Field Experiment, ECONtribute Discussion Papers Series (2023) Downloads View citations (12) (2023)
  2. Understanding Economic Behavior Using Open-Ended Survey Data
    Journal of Economic Literature, 2025, 63, (4), 1244-80 Downloads View citations (13)
    See also Working Paper Understanding Economic Behavior Using Open-Ended Survey Data, ECONtribute Discussion Papers Series (2025) Downloads View citations (25) (2025)

2024

  1. Uncertainty and Information Acquisition: Evidence from Firms and Households
    American Economic Journal: Macroeconomics, 2024, 16, (2), 375-405 Downloads View citations (16)
    See also Working Paper Uncertainty and Information Acquisition: Evidence from Firms and Households, CEBI working paper series (2021) Downloads View citations (6) (2021)

2023

  1. Designing Information Provision Experiments
    Journal of Economic Literature, 2023, 61, (1), 3-40 Downloads View citations (324)
    See also Working Paper Designing Information Provision Experiments, CEBI working paper series (2020) Downloads View citations (103) (2020)
  2. Information frictions among firms and households
    Journal of Monetary Economics, 2023, 135, (C), 99-115 Downloads View citations (52)
    See also Working Paper Information Frictions among Firms and Households, IZA Discussion Papers (2022) Downloads (2022)

2022

  1. Beliefs about public debt and the demand for government spending
    Journal of Econometrics, 2022, 231, (1), 165-187 Downloads View citations (39)
    See also Working Paper Beliefs About Public Debt and the Demand for Government Spending, ECONtribute Discussion Papers Series (2022) Downloads View citations (47) (2022)
  2. Risk Exposure and Acquisition of Macroeconomic Information
    American Economic Review: Insights, 2022, 4, (1), 34-53 Downloads View citations (15)
    See also Working Paper Risk Exposure and Acquisition of Macroeconomic Information, ECONtribute Discussion Papers Series (2022) Downloads View citations (15) (2022)
  3. Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples
    The Review of Economic Studies, 2022, 89, (6), 2958-2991 Downloads View citations (185)
    See also Working Paper Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples, ECONtribute Discussion Papers Series (2021) Downloads View citations (29) (2021)

2021

  1. Exposure to the COVID-19 Stock Market Crash and Its Effect on Household Expectations
    The Review of Economics and Statistics, 2021, 103, (5), 994-1010 Downloads View citations (36)
    See also Working Paper Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations, CEBI working paper series (2020) Downloads View citations (35) (2020)
  2. The trading response of individual investors to local bankruptcies
    Journal of Financial Economics, 2021, 142, (2), 928-953 Downloads View citations (14)
    See also Working Paper The Trading Response of Individual Investors to Local Bankruptcies, CESifo Working Paper Series (2020) Downloads View citations (5) (2020)

2020

  1. Expectation formation in a new environment: Evidence from the German reunification
    Journal of Monetary Economics, 2020, 115, (C), 301-320 Downloads View citations (80)
  2. How Do Expectations about the Macroeconomy Affect Personal Expectations and Behavior?
    The Review of Economics and Statistics, 2020, 102, (4), 731-748 Downloads View citations (196)
    See also Working Paper How Do Expectations About the Macroeconomy Affect Personal Expectations and Behavior?, CESifo Working Paper Series (2018) Downloads View citations (23) (2018)

2019

  1. Makroökonomische Erwartungen und ihre Rolle in wirtschaftlichen Entscheidungen von Haushalten
    Perspektiven der Wirtschaftspolitik, 2019, 20, (2), 159-166 Downloads

2018

  1. Experienced inequality and preferences for redistribution
    Journal of Public Economics, 2018, 167, (C), 251-262 Downloads View citations (122)
    See also Working Paper Experienced Inequality and Preferences for Redistribution, CESifo Working Paper Series (2016) Downloads View citations (2) (2016)

2016

  1. “Relative concerns for consumption at the top”: An intertemporal analysis for the UK
    Journal of Economic Behavior & Organization, 2016, 129, (C), 172-194 Downloads View citations (12)
    See also Working Paper Relative Concerns for Consumption at the Top: An Intertemporal Analysis for the UK, IZA Discussion Papers (2014) Downloads View citations (1) (2014)
 
Page updated 2026-08-30