Handbook of Economic Expectations
eBook - ePub

Handbook of Economic Expectations

Ruediger Bachmann,Giorgio Topa,Wilbert van der Klaauw

  1. 874 pages
  2. English
  3. ePUB (mobile friendly)
  4. 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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Information

Year
2022
ISBN
9780128234761

Table of contents

  1. Cover image
  2. Title page
  3. Table of Contents
  4. Copyright
  5. Contributors
  6. Preface
  7. Part 1: Expectation elicitation
  8. Chapter 1: Household surveys and probabilistic questions
  9. Chapter 2: Firm surveys
  10. Chapter 3: Surveys of professionals
  11. Chapter 4: Survey experiments on economic expectations
  12. Part 2: Expectations as data
  13. Chapter 5: What do the data tell us about inflation expectations?
  14. Chapter 6: Housing market expectations
  15. Chapter 7: Expectations in education
  16. Chapter 8: Mortality and health expectations
  17. Chapter 9: Expectations in development economics
  18. Chapter 10: Retirement expectations
  19. Chapter 11: The macroeconomic expectations of firms
  20. Chapter 12: Firm expectations about production and prices: facts, determinants, and effects
  21. Chapter 13: Expectations of financial market participants
  22. Part 3: Expectations and economic theory
  23. Chapter 14: Measuring market expectations
  24. 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
  25. Chapter 16: Expectations data in asset pricing
  26. Chapter 17: The term structure of expectations
  27. Chapter 18: Expectational data in DSGE models
  28. Chapter 19: Expectations and incomplete markets
  29. Chapter 20: Dampening general equilibrium: incomplete information and bounded rationality
  30. Chapter 21: Expectations data in structural microeconomic models
  31. Chapter 22: Expectations data, labor market, and job search
  32. Part 4: Theories of expectations
  33. Chapter 23: Bayesian learning
  34. Chapter 24: Ambiguity
  35. Chapter 25: Epidemiological expectations
  36. Part 5: Open issues
  37. Chapter 26: Looking ahead to research enhancing measurement of expectations
  38. Index