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Back to gold: Sterling in 1925

Gerlach, Stefan; Kugler, Peter - 2015

Expectations of Sterling returning to Gold have been disregarded in empirical work on the US dollar - Sterling exchange …

Persistent link: https://www.econbiz.de/10011335449

When do fiscal consolidations lead to consumption booms? Lessons from a laboratory experiment

Geiger, Martin; Luhan, Wolfgang; Scharler, Johann - 2015

According to the expectations channel, a fiscal consolidation may give rise to less contractionary, or even … design a laboratory experiment to study the conditions under which the expectations channel operates. Our results indicate … consumption, which supports the expectations channel. We also find that the expectations channel is more pronounced if the fiscal …

Persistent link: https://www.econbiz.de/10011382733

Personal Experiences and Expectations about Aggregate Outcomes

Kuchler, Theresa; Zafar, Basit - 2015

We use novel survey data to estimate how personal experiences affect household expectations about aggregate economic … systematically extrapolate from recent locally experienced home prices when asked for their expectations about US house price changes … distribution over expected future national house price movements. We find similar results for labor market expectations, where we …

Persistent link: https://www.econbiz.de/10011401707

Rank, Sex, Drugs, and Crime

Elsner, Benjamin; Isphording, Ingo E. - 2015

are driven by status concerns and differences in career expectations. …

Persistent link: https://www.econbiz.de/10011401744

Empirical calibration of adaptive learning

Berardi, Michele; Galimberti, Jaqueson K. - 2015

Adaptive learning introduces persistence in the evolution of agents' beliefs over time. For applied purposes this is a convenient feature to help explain why economies present sluggish adjustments towards equilibrium. The pace of learning is directly determined by the gain parameter, which...

Persistent link: https://www.econbiz.de/10011417860

Who believes in me? The effect of student-teacher demographic match on teacher expectations

Gershenson, Seth; Holt, Stephen B.; Papageorge, Nicholas - 2015

about how teachers form expectations and whether they are systematically biased. We investigate whether student …-teacher demographic mismatch affects high school teachers' expectations for students' educational attainment. Using a student fixed … effects strategy that exploits expectations data from two teachers per student, we find that nonblack teachers of black …

Persistent link: https://www.econbiz.de/10011418260

Measuring Expectations

Kjellberg, David - 2006

To evaluate measures of expectations I examine and compare some of the most common methods for capturing expectations … expectations on the Federal funds rate target, and the main findings can be summarized as follows: i) the survey measure and the …

Persistent link: https://www.econbiz.de/10010321584

The legacy of the Swedish gift and inheritance tax, 1884-2004

Ohlsson, Henry - 2007

clear illustration of behavioral response to taxes in general, and the impact of expectations of future tax increases in …

Persistent link: https://www.econbiz.de/10010321625

Unmet aspirations as an explanation for the age U-shape in human wellbeing

Schwandt, Hannes - 2013

theories have 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 … support theories that unmet expectations drive the age U-shape in wellbeing. …

Persistent link: https://www.econbiz.de/10010322355

Hungary's eurozone entry date: What do the markets think and what if they change their minds?

Csajbók, Attila; Rezessy, András - 2005

This article investigates the potential impact of a shift in market expectations about a country's eurozone entry date …

Persistent link: https://www.econbiz.de/10010322399