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eBook - ePub
Handbook of Economic Expectations
Ruediger Bachmann,Giorgio Topa,Wilbert van der Klaauw
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- 874 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
Handbook of Economic Expectations
Ruediger Bachmann,Giorgio Topa,Wilbert van der Klaauw
Book details
Table of contents
Citations
About This Book
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.
- Combines information about the creation of economic expectations and their theories, applications and likely futures
- Provides a comprehensive summary of economics expectations literature
- Explores empirical and theoretical dimensions of expectations and their relevance to a wide array of subfields in economics
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Table of contents
- Cover image
- Title page
- Table of Contents
- Copyright
- Contributors
- Preface
- Part 1: Expectation elicitation
- Chapter 1: Household surveys and probabilistic questions
- Chapter 2: Firm surveys
- Chapter 3: Surveys of professionals
- Chapter 4: Survey experiments on economic expectations
- Part 2: Expectations as data
- Chapter 5: What do the data tell us about inflation expectations?
- Chapter 6: Housing market expectations
- Chapter 7: Expectations in education
- Chapter 8: Mortality and health expectations
- Chapter 9: Expectations in development economics
- Chapter 10: Retirement expectations
- Chapter 11: The macroeconomic expectations of firms
- Chapter 12: Firm expectations about production and prices: facts, determinants, and effects
- Chapter 13: Expectations of financial market participants
- Part 3: Expectations and economic theory
- Chapter 14: Measuring market expectations
- Chapter 15: Inference on probabilistic surveys in macroeconomics with an application to the evolution of uncertainty in the survey of professional forecasters during the COVID pandemic
- Chapter 16: Expectations data in asset pricing
- Chapter 17: The term structure of expectations
- Chapter 18: Expectational data in DSGE models
- Chapter 19: Expectations and incomplete markets
- Chapter 20: Dampening general equilibrium: incomplete information and bounded rationality
- Chapter 21: Expectations data in structural microeconomic models
- Chapter 22: Expectations data, labor market, and job search
- Part 4: Theories of expectations
- Chapter 23: Bayesian learning
- Chapter 24: Ambiguity
- Chapter 25: Epidemiological expectations
- Part 5: Open issues
- Chapter 26: Looking ahead to research enhancing measurement of expectations
- Index