pools, and use it to investigate the relative forecasting performance of dynamic stochastic general equilibrium (DSGE …

Macroeconomic expectations of various economic agents are characterized by substantial cross-sectional heterogeneity …. In this paper, we focus on expectations heterogeneity among professional forecasters. We first present stylized facts and … discuss theoretical explanations for heterogeneous expectations. We then provide an overview of the empirical evidence …

Macroeconomic expectations of various economic agents are characterized by substantial crosssectional heterogeneity …. This chapter focuses on heterogeneity in the expectations among professional forecasters, first presenting stylized facts … and discussing theoretical explanations for heterogeneous expectations, before providing an overview of the empirical …

forecasting inflation, while the BVARX model fares better in forecasting …

The expectations-augmented Phillips curve (PC) is a cornerstone of many macroeconomic models. We consider the extent to …

We apply functional data analysis to survey expectations data, and show that functional principal component analysis …