@TechReport{iza:izadps:dp2275,
            	author={Dohmen, Thomas and Falk, Armin and Huffman, David B. and Sunde, Uwe},
            	title={Seemingly Irrelevant Events Affect Economic Perceptions and Expectations: The FIFA World Cup 2006 as a Natural Experiment},
            	year={2006},
	month={Aug},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={2275},
            	url={https://www.iza.org/publications/dp2275},
	abstract={Prominent economic theories have emphasized the role of commonly held perceptions and expectations for determining macroeconomic outcomes. A key empirical question is how such collectively held beliefs are formed. We use the FIFA World Cup 2006 as a natural experiment. We provide direct evidence that seemingly irrelevant events (the outcomes of soccer matches) can systematically affect individual perceptions about economic prospects, both on a personal and economy-wide level.},
	keywords={expectation formation;sunspots;soccer world cup;macroeconomic outcomes;psychology},
            }