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Unmet aspirations as an explanation for the age U-shape in wellbeing : conference paper

Schwandt, Hannes - 2014

assumed that the U-shape is caused by unmet expectations that are felt painfully in midlife but beneficially abandoned and … experienced with less regret during old age. In a unique panel of 132,609 life satisfaction expectations matched to subsequent … theories that unmet expectations drive the age U-shape in wellbeing. …

Persistent link: https://www.econbiz.de/10010483894

Information rigidities in economic growth forecasts : evidence from a large international panel : conference paper

Dovern, Jonas; Fritsche, Ulrich; Loungani, Prakash; … - 2013

We examine the behavior of forecasts for real GDP growth using a large panel of individual forecasts from 30 advanced and emerging economies during 1989-2010. Our main findings are as follows. First, our evidence does not support the validity of the sticky information model (Mankiw and Reis,...

Persistent link: https://www.econbiz.de/10010339322

The European crisis and migration to Germany : expectations and the diversion of migration flows ; conference paper

Bertoli, Simone; Brücker, Herbert; Fernández-Huertas … - 2013

changing expectations about the evolution of the economic conditions in various countries. This paper addresses the first … expectations and current economic conditions at origin are significant determinants of migration, diversion effects account for 78 …

Persistent link: https://www.econbiz.de/10010344609