Michele, Bernasconi; Oliver, Kirchkamp; Paolo, Paruolo - Facoltà di Economia, Università degli Studi dell'Insubria - 2003
several European countries as stimuli.We estimate an econometric model of individual expectations for fiscal policy, which … fiscal policy. Methodological implications of the present approach for experiments in macroeconomics are also discussed. … nests various theories of expectations-forming and encompasses both micro- and macro- economic lines of research on fiscal …