This thesis aims to develop an alternative expectations model to the Rational Expectations Hypothesis (REH) and … adaptive-expectations models, which provides more accurate temporal predictive performance and more closely reflects recent … Adaptive Interactive Expectations (AIE), a subjective dynamic model of the process of expectations formation. To REH, the AIE …

investment and investment in energy saving technologies,using subjective evaluations of expectations and uncertainty of Dutch …

This paper studies the dynamic effects of an uncertainty shock on firm expectations. We conduct a survey that confronts …

Consumers' inflation expectations play a key role in the monetary transmission mechanism. As such, it is crucial for … expectations. These include the apparent overestimation of inflation by consumers as well as the negative correlation observed … between the economic outlook and inflation expectations. We also show that the uncertainty framework fits with some of the …

. Macroeconomists increasingly rely on survey data on subjective expectations. An innovative approach to measure aggregate uncertainty … exploits the rounding patterns in individuals' responses to survey questions on inflation expectations (Binder, 2017). This … inflation expectations. …