Biased longevity expectations will lead to suboptimal decisions regarding saving, retirement, annuitization and health …, with consequences for wellbeing in old age. Systematic differences in the accuracy of longevity expectations may partly … veracity of expectations are due to the less educated and cognitively able responding less to changes in objective mortality …

from individual expectations. Subjects have no information about underlying market equilibrium equations, but can learn by … stable treatment, rational expectations (RE) yield a good description of observed aggregate price fluctuations: prices remain …, agents' forecasts are boundedly rational in the sense that fluctuations in aggregate prices are unpredictable and exhibit no …

forecasts of the participants. The real- ized price is then obtained from market equilibrium with feedback from individual … expectations. Each market is populated by six subjects and a small fraction of fun- damentalist traders. Realized prices differ …

whether the related expectations and realizations match each other. We use the Dutch Social Economic Panel survey data, where … expectations about the next year's financial situation are reported. We show that realized changes exceed expectations, and that … conditional distribution of expectations and realizations, suggest that individuals around retirement are overly pes- simistic and …

from individual expectations. Subjects have no information about underlying market equilibrium equations, but can learn by … stable treatment, rational expectations (RE) yield a good description of observed aggregate price fluctuations: prices remain …, agents' forecasts are boundedly rational in the sense that fluctuations in aggregate prices are unpredictable and exhibit no …

whether therelated expectations and realizations match each other. We use theDutch Social Economic Panel survey data, where … expectations aboutthe next year's financial situation are reported. We show that realizedchanges exceed expectations, and that this … distribution of expectations andrealizations, suggest that individuals around retirement are overly pes-simistic and attach more …

The way in which individual expectations shape aggregate macroeconomic variables is crucial for the transmission and … effectiveness of monetary policy. We study the individual expectations formation process and the interaction with monetary policy … heterogeneous expectations model with a performance-based evolutionary selection among heterogeneous forecasting heuristics to the …

know all past realized prices and their own predictions. Aggregatedemand of the risky asset depends upon the forecasts of …

In this paper, a set of neural network (NN) models is developed to compute short-term forecasts of regional employment … forecasting range. Next, additional forecasts are computed, by combining the NN methodology with Shift-Share Analysis (SSA). Since … differences in the size and time horizons of the data, the forecasts for West and East Germany are computed separately. The out …