Results 11 to 20 of about 415,705 (306)
Heterogeneous Expectations and Bond Markets [PDF]
This paper presents a dynamic equilibrium model of bond markets in which two groups of agents hold heterogeneous expectations about future economic conditions. The heterogeneous expectations cause agents to take on speculative positions against each other and therefore generate endogenous relative wealth fluctuation.
Xiong, Wei, Yan, Hongjun
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The Supply of Storage under Heterogeneous Expectations [PDF]
AbstractExpected prices for storable commodities often lie below spot prices plus interest and marginal storage charges. Recently this gap has been explained as the value of a call option held by a representative storer whenever a positive probability exists that stocks could dwindle to zero.
Frechette, Darren L.
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Corporate Governance Issues in a Pandemic Context [PDF]
The economic effects of the pandemic, the financial difficulties of companies, but also the expectations of investors and other stakeholders are the prerequisites for implementing and strengthening corporate governance.
Madalina PREDA
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Fixed Exchange Rate Credibility with Heterogeneous Expectations [PDF]
After disinflation has been achieved, agents who form more sophisticated forecasts have lower confidence in the sustainability of a peg compared to less sophisticated agents.
John A. Carlson, Neven T. Valev
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Learning to Learn: A Case for the Heterogeneous Expectations Hypothesis in Industrialized Markets
A cobweb model is developed where the heterogeneous expectation hypothesis is examined. An agent’s heterogeneous expectation involves the development of a “higher ordered learning” process in which agents over time develop expectations that are ...
Desmond W. Ng, Liming Chen
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Structural priming in sentence comprehension: A single prime is enough. [PDF]
Experiencing a syntactic structure affects how we process subsequent instances of that structure. This phenomenon, called structural priming, is observed both in language production and in language comprehension.
Maria Giavazzi +5 more
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TRADING BEHAVIOR AND ASSET PRICING UNDER HETEROGENEOUS EXPECTATIONS
This research models trading behavior and examines the impact of heterogeneous expectations on asset prices. We extend Kyle’s (1985) one-period model to two-period model.
R. Agus Sartono
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Revisiting Multi-Domain Machine Translation
When building machine translation systems, one often needs to make the best out of heterogeneous sets of parallel data in training, and to robustly handle inputs from unexpected domains in testing. This multi-domain scenario has attracted a lot of recent
MinhQuang Pham +2 more
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Misperceptions, Heterogeneous Expectations and Macroeconomic Dynamics [PDF]
We investigate the extent to which misperceptions about the economy can become self-reinforcing and thereby contribute to time-varying macroeconomic dynamics. To do so, we build a New Keynesian model with long-horizon expectations and dynamic predictor selection.
Tim Taylor, Richard Harrison
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Formation of rationally heterogeneous expectations [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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