Showing 1 - 10 of 761
I present evidence that higher frequency measures of inflation expectations outperform lower frequency measures of … inflation expectations in tests of accuracy, predictive power, and rationality. For decades, the academic literature has focused … collection of 37 different measures of inflation expectations, including many previously unexploited monthly and real …
Persistent link: https://www.econbiz.de/10009650037
frequency and real-time data. I present a collection of 37 different measures of inflation expectations, including many … previously unexploited monthly and real-time measures of inflation expectations. These higher frequency measures tend to … that there are benefits to using higher frequency measures of inflation expectations. Out of sample forecasts confirm the …
Persistent link: https://www.econbiz.de/10009647457
learn, form their expectations, and make decisions regarding savings and production for future periods. There are no …”, with output way below or above the true equilibrium level. Even though this is not formally an equilibrium, the convergence … are unexpected by agents, or if future price expectations are not adjusted exactly proportionally to the announced …
Persistent link: https://www.econbiz.de/10011259238
This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them …
Persistent link: https://www.econbiz.de/10009647230
Three striking empirical regularities have been repeatedly reported: the positive correlation between housing prices and trading volume, between housing price and the time-on-the-market (TOM), and the existence of price dispersion. This short paper provides perhaps the first unifying framework...
Persistent link: https://www.econbiz.de/10008855539
This paper uses cross-country data compiled immediately after the Fukushima nuclear accident to investigate how the experience of such disasters affects the perception of the risk of nuclear accidents. Estimation results show that the perceived risk of a nuclear accident is positively associated...
Persistent link: https://www.econbiz.de/10009652029
The need for justification is a widely observed social phenomenon. This paper develops a theoretical framework and reports laboratory evidence to show how pure justification pressure affects cooperative behavior in economic exchange environments. In a one-shot anonymous interaction, compared...
Persistent link: https://www.econbiz.de/10009422008
The focus of this study is on black markets which provide an important segment of the parallel economy. These markets operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore both theoretically and empirically. The problem,...
Persistent link: https://www.econbiz.de/10009422026
This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them …
Persistent link: https://www.econbiz.de/10009647399
The study here reviews the institutional structure of the Sudanese government. Truly, though it is stigmatized as totalitarian, the structure is phenotypically perfect. Ministry of Ministries council is supposed to cater for analyzing data concerning ministries performance, drawing strategic...
Persistent link: https://www.econbiz.de/10009359954