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 …

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 …

are driven by status concerns and differences in career expectations. …

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. …

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 …