Results 1 to 10 of about 59,724 (265)

Heterogeneous Inflation Expectations and Learning [PDF]

open access: yesJournal of Money, Credit and Banking, 2015
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
openaire   +4 more sources

Fiscal consolidations and heterogeneous expectations [PDF]

open access: yesJournal of Economic Dynamics and Control, 2018
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Cars Hommes   +2 more
openaire   +7 more sources

Farsighted Stability with Heterogeneous Expectations [PDF]

open access: yesSSRN Electronic Journal, 2017
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Francis Bloch, Anne van den Nouweland
  +7 more sources

The effect of interest rate and exchange rate on inflation targeting with heterogeneous inflation expectations approach [PDF]

open access: yesمدلسازی اقتصادسنجی, 2020
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
doaj   +1 more source

Reinforcement Learning in a New Keynesian Model

open access: yesAlgorithms, 2023
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
doaj   +1 more source

Heterogeneity in Expected Longevities [PDF]

open access: yesDemography, 2012
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
openaire   +5 more sources

Heterogeneous Expectations among Professional Forecasters

open access: yesSSRN Electronic Journal, 2023
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
openaire   +5 more sources

Monetary policy and heterogeneous expectations [PDF]

open access: yesEconomic Theory, 2010
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
William A. Branch, George W. Evans
openaire   +3 more sources

Social Dynamics of Expectations and Expertise: AI in Digital Humanitarian Innovation

open access: yesEngaging Science, Technology, and Society, 2020
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
doaj   +1 more source

Student Earnings Expectations: Heterogeneity or Noise? [PDF]

open access: yesSSRN Electronic Journal, 2016
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
openaire   +4 more sources

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