in the housing stock or neighborhood demographics. In the process, we are able to shed light on the rich simultaneity …

and Pakes (1996), which corrects for simultaneity bias. Furthermore, we allow selection to reform to be endogenous, and …

expectations about the age at which one will leave the labor market appears to be easier for workers in jobs with welldefined …

candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low. …

suggests that emigrants may have over-optimistic expectations about the incomes they can earn abroad, resulting in excessive … experiment with unique survey data on would-be emigrants' probabilistic expectations about employment and incomes in the …

theories have assumed that the U-shape is caused by unmet expectations that are felt painfully in midlife but beneficially … abandoned and experienced with less regret during old age. In a unique panel of 132,609 life satisfaction expectations matched … support theories that unmet expectations drive the age U-shape in wellbeing. …

As evidence is accumulating that subjective expectations influence behavior and that these expectations are sometimes … biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to … real-life expectations formation process. For this purpose, an exceptional Dutch dataset on monthly expectations regarding …