The rationality of expectations has been tested in many foreign exchange markets using survey data. This study is aimed … at gaining empirical insights about the expectations of market participants in the Turkish foreign exchange market. Using … determined that the mean of expectations of market participants for one year and one month ahead were higher than the mean of …

absence of rational expectations or by risk premia in the foreign exchange market. By means of survey data, this study … demonstrates that both aspects are indeed important. On the one hand, survey expectations deviate systematically from future …

general, this is achieved by specifying nonlinear interactions of otherwise linear asset price expectations of the respective … trader groups. This paper investigates whether or not regressive and extrapolative expectations themselves exhibit … Professional Forecasters on oil price expectations. In particular, we find that forecasters form destabilizing expectations in the …

general, this is achieved by specifying nonlinear interactions of otherwise linear asset price expectations of the respective … trader groups. This paper investigates whether or not regressive and extrapolative expectations themselves exhibit … Professional Forecasters on oil price expectations. In particular, we find that forecasters form destabilizing expectations in the …

Using Consensus Economics survey data on experts' expectations, we aim to model the 3- and 12-month ahead ex-ante risk …

error. On the whole, these studies have found evidence of violations of the rational expectations hypothesis (non …