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The role of financial surveys for economic research and policy making in emerging markets

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  • Sofía Gallardo
  • Carlos Madeira
Abstract
This chapter reviews the role of economic and financial surveys in the academic literature and policy-making, with a broad review of applications in emerging markets and developing economies. Surveys are increasingly used both in developed economies and emerging markets, providing information on a range of economic and financial phenomena, such as the updating of inflation expectations, the future economic outlook, the evolution of credit demand and supply factors, household balance sheets, plus behavioral biases and personal finance. These studies provide feedback regarding central bank credibility, the expected impact of monetary policy and financial regulation. Surveys also help to inform some common research puzzles in finance, such as the low financial market participation, unequal financial access, credit constraints and inaccurate economic expectations.

Suggested Citation

  • Sofía Gallardo & Carlos Madeira, 2022. "The role of financial surveys for economic research and policy making in emerging markets," Working Papers Central Bank of Chile 948, Central Bank of Chile.
    • Handle: RePEc:chb:bcchwp:948
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