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- Publications
- Influence
College Major Choice and the Gender Gap
- Basit Zafar
- Psychology
- 1 February 2009
Males and females are markedly different in their choice of college major. Two main reasons have been suggested for the gender gap: differences in innate abilities and differences in preferences.… Expand
The Price Is Right: Updating Inflation Expectations in a Randomized Price Information Experiment
- O. Armantier, S. Nelson, G. Topa, Wilbert van der Klaauw, Basit Zafar
- Economics
- Review of Economics and Statistics
- 1 July 2016
Using a unique, randomized information experiment embedded in a survey, this paper investigates how consumers’ inflation expectations respond to new information. We find that respondents, on average,… Expand
Inflation Expectations and Behavior: Do Survey Respondents Act on Their Beliefs?
- O. Armantier, W. Bruine de Bruin, G. Topa, Wilbert van der Klaauw, Basit Zafar
- Economics
- 1 May 2015
We compare the inflation expectations reported by consumers in a survey with their behavior in a financially incentivized investment experiment. The survey is found to be informative in the sense… Expand
Financial Education and the Debt Behavior of the Young
- M. Brown, John Grigsby, W. V. D. Klaauw, Jaya Wen, Basit Zafar
- Economics
- 1 September 2016
Young Americans are heavily reliant on debt and have clear financial literacy shortcomings. In this paper, we study the effects of exposure to financial training on debt outcomes in early adulthood… Expand
Educational Assortative Mating and Household Income Inequality
- Lasse Eika, Magne Mogstad, Basit Zafar
- Economics
- Journal of Political Economy
- 1 July 2014
We use data from Denmark, Germany, Norway, the United Kingdom, and the United States to document the degree of educational assortative mating, how it evolves over time, and the extent to which it… Expand
Measuring Inflation Expectations
- O. Armantier, W. B. D. Bruin, S. Potter, G. Topa, W. V. D. Klaauw, Basit Zafar
- Economics
- 2 August 2013
To conduct monetary policy, central banks around the world increasingly rely on measures of public inflation expectations. In this article, we review findings from an ongoing initiative at the… Expand
How Do College Students Form Expectations?
- Basit Zafar
- Psychology
- Journal of Labor Economics
- 28 February 2011
This study focuses on how college students form expectations about various major-specific outcomes. For this purpose, I collect a panel data set of Northwestern University undergraduates that… Expand
Home Price Expectations and Behavior: Evidence from a Randomized Information Experiment
- Luis Armona, A. Fuster, Basit Zafar
- Economics
- 19 October 2016
Home price expectations are believed to play an important role in housing dynamics, yet we have limited understanding of how they are formed and how they affect behaviour. Using a unique “information… Expand
Determinants of College Major Choice: Identification Using an Information Experiment
- Matthew Wiswall, Basit Zafar
- Economics
- 1 June 2011
This paper studies the determinants of college major choice using an experimentally generated panel of beliefs, obtained by providing students with information on the true population distribution of… Expand
Personal Experiences and Expectations About Aggregate Outcomes
- T. Kuchler, Basit Zafar
- Economics
- 1 October 2015
We use novel survey data to estimate how personal experiences affect household expectations about aggregate economic outcomes in housing and labor markets. We exploit variation in locally experienced… Expand