Partisanship and Central Bank Trust

Last registered on January 02, 2025

Pre-Trial

Trial Information

General Information

Title
Partisanship and Central Bank Trust
RCT ID
AEARCTR-0014565
Initial registration date
December 17, 2024

Initial registration date is when the trial was registered.

It corresponds to when the registration was submitted to the Registry to be reviewed for publication.

First published
January 02, 2025, 9:45 AM EST

First published corresponds to when the trial was first made public on the Registry after being reviewed.

Locations

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Primary Investigator

Affiliation
William & Mary

Other Primary Investigator(s)

PI Affiliation
Hamilton College

Additional Trial Information

Status
In development
Start date
2025-01-06
End date
2025-10-31
Secondary IDs
Prior work
This trial does not extend or rely on any prior RCTs.
Abstract
We explore the relationship between partisanship and beliefs about the Federal Reserve. In particular, we consider the impact that informational treatments about the Federal Reserve have on individuals' perception of the Federal Reserve and the economy.
External Link(s)

Registration Citation

Citation
Couture, Cody and Abhiprerna Smit. 2025. "Partisanship and Central Bank Trust." AEA RCT Registry. January 02. https://doi.org/10.1257/rct.14565-1.0
Experimental Details

Interventions

Intervention(s)
Participants will be assigned to the control group or one of four treatment groups. Each of the treatments provides some information about the Federal Reserve and its interaction with the political system.
Intervention Start Date
2025-01-06
Intervention End Date
2025-02-07

Primary Outcomes

Primary Outcomes (end points)
Our main variables of interest are trust the Federal Reserve's ability to stabilize inflation, perceived independence of the Federal Reserve, and inflation expectations.
Primary Outcomes (explanation)
Inflation expectations will be obtained directly but will also be obtained by taking a weighted average of a respondent's inflation density forecasts.

Secondary Outcomes

Secondary Outcomes (end points)
Secondary Outcomes (explanation)

Experimental Design

Experimental Design
The experimental design is a simple RCT. Participants will be surveyed in two waves in January 2025 and randomly assigned to groups. Each non-control group will be provided with different information treatment about the Federal Reserve and its interaction with the political system. Respondent expectations are measured before and after treatment.
Experimental Design Details
Not available
Randomization Method
Randomization done digitally through Prolific
Randomization Unit
Randomization is done at the individual level
Was the treatment clustered?
No

Experiment Characteristics

Sample size: planned number of clusters
2000 adults
Sample size: planned number of observations
2000 adults
Sample size (or number of clusters) by treatment arms
400 control, 400 treatment 1, 400 treatment 2, 400 treatment 3, 400 treatment 4
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
IRB

Institutional Review Boards (IRBs)

IRB Name
William and Mary
IRB Approval Date
2024-11-22
IRB Approval Number
PHSC-2024-10-16-17166-asmit
IRB Name
Hamilton College
IRB Approval Date
2024-12-06
IRB Approval Number
N/A
Analysis Plan

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