We use novel survey data to estimate how personal experiences affect household expectations about aggregate economic … systematically extrapolate from recent locally experienced home prices when asked for their expectations about US house price changes … distribution over expected future national house price movements. We find similar results for labor market expectations, where we …

about how teachers form expectations and whether their expectations are systematically biased. We investigate whether … student-teacher demographic mismatch affects high school teachers' expectations for students' educational attainment. Using a … student fixed effects strategy that exploits expectations data from two teachers per student, we find that non-black teachers …

. Amongst employees, optimists earn more. These results are consistent with biased expectations leading to entry errors. As a … test of validity, we find that amongst the married, future divorcees have higher financial expectations but their …

short-time window to test the impact of deteriorating expectations and uncertainty on firms' R&D choices. Our results show a … dramatic effect of firms' expectations about future market conditions. In this regard, internationalized and innovative … discontinuing research plans. Beyond the role played by expectations, innovative characteristics already in place are found to …

informal competition have worse expectations on future sales growth, which in turn are associated with a lower probability of …

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. …

Job loss expectations were widespread among workers in East Germany after reunification with West Germany. Though … respect to their job risk. Over time, job loss expectations fell and converged to West German levels, which was driven by a … up to West Germans regarding the accuracy of job loss expectations. …

We use a large-scale representative survey of households from October 19-21 that elicits respondents' expectations … about the presidential election's outcome as well as their economic expectations to document several new facts. First … changes in economic expectations in turn are likely to affect household economic decisions. …

expectations and uncertainty, albeit to a much lesser extent than the domestic policy changes. …

, while they are in line with recent models that focus on anger as the result of the frustration of expectations. …