decades has there been such a broad shift in inflation perception, and therefore, possibly, in inflation expectations. Also …

implement, and captures respondents' excess confidence in their own judgment. Our results show that, in line with theoretical … predictions, an excessive degree of confidence in one's judgment is correlated with lower portfolio diversification, larger stock … price forecasting errors, and more extreme political views. Additionally, we find that overconfidence is correlated with …

expectation models, households in the sticky information environment update their expectations sporadically rather than … experts? inflation expectations, we find that the model adequately captures the dynamics of household inflation expectations …

Do financial market analysts use structural economic models when forecasting exchange rates? This is the leading … question analysed in this paper. In contrast to other studies we use expectations data instead of observable variables …. Therefore we analyse the implicit structural models forecasters have in mind when forming their exchange rate expectations. The …