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Rationalizing rational expectations? : tests and deviations
D'Haultfœuille, Xavier; Gaillac, Christophe; Maurel, Arnaud - 2018
In this paper, we build a new test of rational expectations based on the marginal distributions of realizations and subjective beliefs. This test is widely applicable, including in the common situation where realizations and beliefs are observed in two different datasets that cannot be matched....
Persistent link: https://www.econbiz.de/10011951089
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Individual subjective survival curves
Gan, Li; Hurd, Michael D.; McFadden, Daniel - In: Analyses in the economics of aging : [a National Bureau …, (pp. 377-402). 2005
Persistent link: https://www.econbiz.de/10003079178
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Subjective survival curves and life cycle behavior
Hurd, Michael D. - In: Inquiries in the economics of aging, (pp. 259-305). 1998
Persistent link: https://www.econbiz.de/10001304948
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Evaluation of the subjective probabilities of survival in the health and retirement study
Hurd, Michael D. - In: Journal of human resources : JHR 30 (1995), pp. 268-292
Persistent link: https://www.econbiz.de/10001333883
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Individual subjective survival curves
Gan, Li; Hurd, Michael D.; McFadden, Daniel - 2003
Persistent link: https://www.econbiz.de/10001736602
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Posterior probabilities of the independence axiom with nonexperimental data : or buckle up and fan out
Marshall, Robert C. - In: Journal of business & economic statistics : JBES ; a … 10 (1992) 1, pp. 31-44
Persistent link: https://www.econbiz.de/10001120246
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Adaptive expectations or myopic perfect foresight : the wrong alternative
Flaschel, Peter - 1992
Persistent link: https://www.econbiz.de/10000840712
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The revival of the expectations hypothesis of the US term structure of interest rates
Hsu, Chiente; Kugler, Peter - 1996
Persistent link: https://www.econbiz.de/10000589029
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Diverse beliefs and time variability of risk premia
Kurz, Mordecai (contributor); Motolese, Maurizio (contributor) - 2007
Persistent link: https://www.econbiz.de/10003756851
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Rational diverse beliefs and economic volatility
Kurz, Mordecai (contributor) - 2007
Persistent link: https://www.econbiz.de/10003756855