Showing 1 - 10 of 785
In this paper we use a behavioural approach to studying household consumption behaviour in Malawi. In particular we are interested to know whether households use mental accounting when consuming different categories of good. It is useful for assessing the impact of remittances on household...
Persistent link: https://www.econbiz.de/10015230143
In this paper we use a behavioural approach to studying household consumption behaviour in Malawi. In particular we are interested to know whether households use mental accounting when consuming different categories of good. It is useful for assessing the impact of remittances on household...
Persistent link: https://www.econbiz.de/10015239986
The present paper investigates the cyclical nature of Consumer Sentiments Indices (CSIs) for the US and UK. Using Threshold Autoregressive (TAR) models the empirical analysis indicates that the US CSI is mean reverting but adjusts asymmetrically and downwardly rigid.
Persistent link: https://www.econbiz.de/10005381077
Persistent link: https://www.econbiz.de/10010728267
The present paper outlines a theoretical model of agent-based learning. An agent ‘anchors’ his subjective expectations (or forecasts) to another agent’s subjective expectations. The former believes the latter has a better information set and, therefore, able to make better subjective...
Persistent link: https://www.econbiz.de/10005086701
In this paper we use a behavioural approach to studying household consumption behaviour in Malawi. In particular we are interested to know whether households use mental accounting when consuming different categories of good. It is useful for assessing the impact of remittances on household...
Persistent link: https://www.econbiz.de/10005066466
In this paper we use a behavioural approach to studying household consumption behaviour in Malawi. In particular we are interested to know whether households use mental accounting when consuming different categories of good. It is useful for assessing the impact of remittances on household...
Persistent link: https://www.econbiz.de/10005837498
The purpose of the present paper is to provide microfoundations of how households form subjective expectations of the macroeconomy. We focus on the role of perceived news; distinguishing between good and bad news. The paper introduces a testable model where households give unequal importance (or...
Persistent link: https://www.econbiz.de/10008499051
Persistent link: https://www.econbiz.de/10010626376
Persistent link: https://www.econbiz.de/10007275390