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 …

expectations and uncertainty, albeit to a much lesser extent than the domestic policy changes. … declined and business uncertainty increased only when the spread of the COVID-19 pandemic led to domestic policy changes: The …

Subjective expectations about future policy play an important role in individuals' welfare. We examine how workers …' expectations about pension reform vary with proximity to reforms, information cost, and aggregate information acquisition. We …-level representative survey data on expectations about future reforms and country-level data on online search. We find: (1) Expectations …

, almost all of them has focused on an ex-post impact; leaving aside a second but equally important channel: expectations. This … paper aims to analyze the role of expectations on Peruvian formal and informal labor market; using news as our … a negative relation between expectations towards a stricter labor market and both employment and average income. News …

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 …

cultural identity and financial expectations and by large unrelated to economic background variables like income inequality. We … find evidence that negative financial expectations are positively related to Euroskepticism in Western European countries …

Wage expectations are important determinants for individual schooling decisions. However, research on individual … expectations of students is scarce. The paper presents the Swiss results of a survey that was conducted in 10 European countries …. Its main findings are that point estimates of wages after graduation are close to actual wages, whereas the expectations …