average q and on the expectations about the degree of capacity utilisation. The dynamics of the empirical model is derived … expectations about the degree of capacity utilisation in explaining investment. …

The investigations of spatial concentration in Russian Federation have revealed, that the expectations of production … spatial structure and to promote the engaging of additional investments in regions, and first of all, the capitals of private … its basis a role of infrastructure, agglomeration factors, regional public expenditures, expectations of investors are …

generations. Market-based solutions, such as private insurance for those exposed to climate-change risk, are strongly opposed …

What is the impact of surprise and anticipated policy changes when agents form expectations using adaptive learning … rather than rational expectations? We examine this issue using the standard stochastic real business cycle model with lump …-shaped response, and tend to be prominently characterized by oscillations not present under rational expectations. These fluctuations …

form expectations using adaptive learning rather than rational expectations (RE). The output multipliers for government …