Results 1 to 10 of about 59,724 (265)
Heterogeneous Inflation Expectations and Learning [PDF]
Using the panel component of the Michigan Survey of Consumers, we estimate a learning model of inflation expectations, allowing for heterogeneous use of private information and lifetime inflation experience. Life experience inflation has a significant impact on individual expectations, but only for 1‐year‐ahead inflation.
Madeira, Carlos, Zafar, Basit
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Fiscal consolidations and heterogeneous expectations [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Cars Hommes +2 more
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Farsighted Stability with Heterogeneous Expectations [PDF]
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Francis Bloch, Anne van den Nouweland
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The effect of interest rate and exchange rate on inflation targeting with heterogeneous inflation expectations approach [PDF]
The purpose of this study was to investigate the role of policy tools such as interest rate and exchange rate on inflation targeting in the form of new Keynesian model in terms of heterogeneity of economic agents' expectations.
Asghar Aboulhassani +2 more
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Reinforcement Learning in a New Keynesian Model
We construct a New Keynesian (NK) behavioural macroeconomic model with bounded-rationality (BR) and heterogeneous agents. We solve and simulate the model using a third-order approximation for a given policy and evaluate its properties using this solution.
Szabolcs Deák +3 more
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Heterogeneity in Expected Longevities [PDF]
Abstract We develop a new methodology to compute differences in the expected longevity of individuals of a given cohort who are in different socioeconomic groups at a certain age. We address the two main problems associated with the standard use of life expectancy: (1) that people’s socioeconomic characteristics change, and (2) that ...
Pijoan-Mas, Josep +1 more
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Heterogeneous Expectations among Professional Forecasters
Macroeconomic expectations of various economic agents are characterized by substantial cross-sectional heterogeneity. In this paper, we focus on expectations heterogeneity among professional forecasters. We first present stylized facts and discuss theoretical explanations for heterogeneous expectations.
Conrad, Christian, Lahiri, Kajal
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Monetary policy and heterogeneous expectations [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
William A. Branch, George W. Evans
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Social Dynamics of Expectations and Expertise: AI in Digital Humanitarian Innovation
Public discourse typically blurs the boundary between what artificial intelligence (AI) actually achieves and what it could accomplish in the future. The sociology of expectations teaches us that such elisions play a performative role: they encourage ...
Guillaume Dandurand +3 more
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Student Earnings Expectations: Heterogeneity or Noise? [PDF]
Students’ choices in education can only be based on expected outcomes. Econometric models that infer expectations based on ex post outcomes impose a rational structure of expectations on school performance and post-graduation earnings. Direct surveys suggest much ignorance and fuzziness.
Díaz Serrano, Lluís +4 more
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