This paper examines the role of alternative assumptions on savings and expectations for the fixwage traverse with … with the assumption of static expectations are explored. With all but one of these assumptions the possibility of permanent … technological unemployment emerges. Additionally, the assumption of adaptive expectations is introduced, in which case technological …

This paper documents that individuals' expectations about macroeconomic outcomes are systematically linked with the … experiences of these macroeconomic outcomes they have made during life. Focusing on expectations about national inflation … variables over the respondents' lifetime, respectively. I find that experience significantly predicts respondents' expectations …

Between 2004 and 2016, we elicited individuals' subjective expectations of stock market returns in a Dutch internet … differ in how they use past stock market returns to form current stock market expectations. The model allows for rounding in …

. Macroeconomists increasingly rely on survey data on subjective expectations. An innovative approach to measure aggregate uncertainty … exploits the rounding patterns in individuals' responses to survey questions on inflation expectations (Binder, 2017). This … inflation expectations. …

This paper examines German business survey data to uncover the influence of political news on expectations concerning …