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Beschreibung:
The Bundesbank commissioned an online pilot survey on consumer expectations in 2019. This paper presents the methodology of the survey and evaluates its design. The survey proved to be a distinct asset in providing timely data on household expectations at a high frequency, allowing for flexible implementation of randomised controlled trials and analyses based on the panel dimension. One drawback of the survey is that there is likely a selection bias as the survey was conducted online and may not adequately represent the expectations of the offline population. This selection bias cannot be fully offset by recruiting respondents offline.