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Enhancing financial stability by improving culture in the financial services industry
Remarks at the Workshop on Reforming Culture and Behavior in the Financial Services Industry, Federal Reserve Bank of New York, New York City.
Information and anti-American attitudes
This paper investigates how attitudes toward the United States are affected by the provision of information. We generate a panel of attitudes in urban Pakistan, in which respondents are randomly exposed to fact-based statements describing the United States in either a positive or negative light. Anti-American sentiment is high and heterogenous in our sample at the baseline, and systematically correlated with intended behavior, such as intended migration. We find that revised attitudes are, on average, significantly different from baseline attitudes: attitudes are revised upward (downward) ...