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Handbook of Economic Expectations

Authors: Ruediger Bachmann, Giorgio Topa, Wilbert van der Klaauw Publisher: Elsevier Science Publication date: 2022 Publication language: Angielski Number of pages: 874 Publication formats: EAN: 9780128234761 ISBN: 9780128234761 Category: Business mathematics & systems Data capture & analysis Economic theory & philosophy Publisher's index: 9780128234761 Bibliographic note: -

Description

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