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male population. Within individuals, in expectations and perceptions are autocorrelated only for men above the median by IQ … (high-IQ men). High-IQ men's forecast revisions are consistent with the diagnostic-expectations framework, whereas anything … goes for low-IQ men. Education levels, income, socioeconomic status, or financial constraints do not explain these results …
Persistent link: https://www.econbiz.de/10012893809
male population. Within individuals, inflation expectations and perceptions are autocorrelated only for men above the … median by IQ (high-IQ men). High-IQ men's forecast revisions are consistent with the diagnostic-expectations framework …, whereas anything goes for low-IQ men. Education levels, income, socioeconomic status, or financial constraints do not explain …
Persistent link: https://www.econbiz.de/10012893975
male population. Within individuals, inflation expectations and perceptions are autocorrelated only for men above the median … by IQ (high-IQ men). High-IQ men's forecast revisions are consistent with the diagnostic-expectations framework, whereas … anything goes for low-IQ men. Education levels, income, socioeconomic status, or financial constraints do not explain these …
Persistent link: https://www.econbiz.de/10012894212
male population. Within individuals, inflation expectations and perceptions are autocorrelated only for men above the … median by IQ (high-IQ men). High-IQ men's forecast revisions are consistent with the diagnostic-expectations framework …, whereas anything goes for low-IQ men. Education levels, income, socioeconomic status, or financial constraints do not explain …
Persistent link: https://www.econbiz.de/10012479452
Persistent link: https://www.econbiz.de/10011965472
formation of economic expectations, and the choices of a representative male population. Men above the median IQ (high-IQ men …) display 50% lower forecast errors for inflation than other men. The inflation expectations and perceptions of high-IQ men, but … not others, are positively correlated over time. High-IQ men are also less likely to round and to forecast implausible …
Persistent link: https://www.econbiz.de/10011959292
male population. Within individuals, inflation expectations and perceptions are autocorrelated only for men above the … median by IQ (high-IQ men). High-IQ men's forecast revisions are consistent with the diagnostic-expectations framework …, whereas anything goes for low-IQ men. Education levels, income, socioeconomic status, or financial constraints do not explain …
Persistent link: https://www.econbiz.de/10012863218
Persistent link: https://www.econbiz.de/10014392030
Persistent link: https://www.econbiz.de/10015078773
We investigate the relationship between subjective probabilities of future stock market returns and decisions about stockholding. Specifically, we examine whether acting upon subjective probabilities is confined to individuals with high cognitive skills. We explore this question using data from...
Persistent link: https://www.econbiz.de/10009721396