Results 1 to 10 of about 62,122 (163)
Heterogeneous Inflation Expectations and Learning [PDF]
Journal 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.
Carlos Madeira, Basit Zafar
exaly +3 more sources
Fiscal consolidations and heterogeneous expectations [PDF]
Journal of Economic Dynamics and Control, 2018 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Cars Hommes +2 more
exaly +6 more sources
Farsighted Stability with Heterogeneous Expectations [PDF]
SSRN 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]
مدلسازی 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
Heterogeneous Expectations among Professional Forecasters [PDF]
SSRN 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 +4 more sources
Reinforcement Learning in a New Keynesian Model
Algorithms, 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]
Demography, 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
Intrinsic heterogeneity in expectation formation [PDF]
Journal of Economic Theory, 2006 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
William A. Branch, George W. Evans
openaire +1 more source
Monetary policy and heterogeneous expectations [PDF]
Economic 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
Engaging 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