In the name of Allah the Merciful

Handbook of Economic Expectations

Ruediger Bachmann, Giorgio Topa, Wilbert van der Klaauw, 978-0-12-822927-9, 978-0-12-823476-1, 9780128234761, 0128229276, 978-0128229279, 9780128229279, B0BLK3XD5P

English | 2023 | PDF

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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.