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happiness and life satisfaction do not substantially increase with their length of stay or across generations, and therefore … their subjective well-being remains lower than that of natives. This contrasts with migrants' own expectations and the … immigrants' growing aspirations and expectations that follow from their habituation to better conditions in their host country …
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In this paper we examine how children affect happiness and relationships within a family by analyzing two unique questions in the National Longitudinal Study of Youth's 1997 cohort. We find that (a) presence of children is associated with a loss of spousal love; (b) loss of spousal love is...
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Economists have long emphasized the importance of expectations in determining macroeconomic outcomes Yet there has been … almost no recent effort to model actual empirical expectations data; instead macroeconomists usually simply assume … expectations are rational This paper shows that while empirical household expectations are not rational in the usual sense …
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Since the foundational work of Keynes (1936) macroeconomists have emphasized the importance of agents' expectations in … empirical expectations data instead assuming all agents' expectations are rational This paper takes up the challenge of modeling … empirical household expectations data and shows that a simple standard model from epidemiology does a remarkably good job of …
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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 …
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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 … models using the categorical expectations data of the ZEW financial market survey. The expectation variables used to explain …
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