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VERSION:2.0
PRODID:icalendar-ruby
CALSCALE:GREGORIAN
X-WR-CALNAME:Labor Economics Workshop: Sarah Necker
X-WR-TIMEZONE:Eastern Time (US & Canada)
BEGIN:VEVENT
DTSTAMP:20260519T041657Z
UID:tag:localist.com\,2008:EventInstance_52064226699057
DTSTART:20260420T154000Z
DTEND:20260420T165500Z
DESCRIPTION:Sarah Necker\n\nEconomic Literacy: Measurement\, Expectations\,
  and Policy Views\n\nAbstract:  We study the population’s economic liter
 acy—the understanding of basic economic concepts—and its importance fo
 r the formation of economic expectations and policy views. We device and i
 mplement a survey module to measure economic literacy in a representative 
 adult population. Psychometric analysis supports the reliability and valid
 ity of the test instrument. While associated with education and intelligen
 ce\, economic literacy captures a distinct and genuine concept. Subgroup d
 ifferences in economic literacy suggest limited generalizability of prior 
 analyses based on economics students. A strong age gradient indicates acqu
 isition through life experience. Three analyses show that economic literac
 y enables voters to improve information processing and form policy views m
 ore coherent with their underlying preferences. First\, economic literacy 
 allows individuals to form better-anchored economic expectations. Second\,
  economic literacy increases individuals’ responsiveness to experimental
 ly provided information on policy trade-offs. Third\, economic literacy le
 ads to a closer alignment between voters’ preferences\, policy views\, a
 nd party choices.
LOCATION:\, 105
SUMMARY:Labor Economics Workshop: Sarah Necker
URL;VALUE=URI:https://events.cornell.edu/event/labor-economics-workshop-sar
 ah-necker
CATEGORIES:Seminar
CATEGORIES:Class/ Workshop
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