Ruediger Bachmann,
Giorgio Topa,
Wilbert van der Klaauw
Handbook of Economic Expectations
Paperback Engels 2022 9780128229279
Verwachte levertijd ongeveer 9 werkdagen
Samenvatting
Handbook of Economic Expectations discusses the state-of-the-art in the collection, study and use of expectations data in economics, including the modelling of expectations formation and updating, as well as open questions and directions for future research. The book spans a broad range of fields, approaches and applications using data on subjective expectations that allows us to make progress on fundamental questions around the formation and updating of expectations by economic agents and their information sets. The information included will help us study heterogeneity and potential biases in expectations and analyze impacts on behavior and decision-making under uncertainty.
Specificaties
Lezersrecensies
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Inhoudsopgave
I. Expectations Elicitation <br>1. Household surveys and probabilistic questions <br>2. Firm surveys <br>3. Surveys of professionals <br>4. Expectations in lab experiments <br>5. Field experiments in surveys <br>6. Market data <br><br>II. Expectations as Data <br>7. Inflation expectations <br>8. Housing market expectations <br>9. Expectations in education <br>10. Expectations in development <br>11. Expectations of older households (retirement, demographics) <br>12. Expectations of financial market participants <br>13. Expectations of firms about macroeconomic variables <br>14. Expectations of firms about their own variables <br><br>III. Expectations Data and Theory <br>15. Expectations data, term structure and monetary policy <br>16. Expectations data and DSGE models <br>17. Expectations data in structural micro models <br>18. Expectations data and asset pricing <br>19. Expectations data, labor market and job search<br><br>IV. Theory of Expectations<br>20. Sentiment and confidence in macro models<br>21. Expectations in incomplete market models<br>22. Heterogeneous beliefs<br>23. Ambiguity and Uncertainty<br>24. Learning<br><br>V. Open Issues<br>26. The Epidemiology of Expectations and the Media<br>27. Neuroeconomics and Expectations<br>28. Health Expectations
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