In the Discussion Paper Series by ECONtribute a new contribution by Peter Andre, Carlo Pizzinelli, Christopher Roth, and Johannes Wohlfart was published. In “Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples”, they measure beliefs about the effects of macroeconomic shocks on unemployment and inflation. These beliefs differ both among laypeople and experts, even about the directional effects of shocks. Reasons for the different beliefs are researched in the study.