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October 13, 2025SocioEconomic ChallengesOpen Access

Narrative Economics: A Systematic Literature Review

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Authors

THThomas HoltfortFOM University of Applied Sciences for Economics and Management

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Implication

Systematic literature review highlights narratives' role in economic behavior and collective decision-making.

Key Points

  • Narrative economics reshapes economic expectations and influences real change, especially during crises.
  • The review identifies five research areas, including macroeconomic effects and narratives' influence on financial markets.
  • Findings distinguish narrative economics from behavioral economics by emphasizing social versus individual factors.
  • Insight into narratives is crucial for understanding economic processes and guiding future research directions.

Cite This Study

Thomas Holtfort (2025) studied this question.

synapsesocial.com/papers/68ed3352c8c3d6f5ff5dd848https://doi.org/10.61093/sec.9(3).270-280.2025
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