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conclusions about the socio-economic factors that determine expectations. …
Persistent link: https://www.econbiz.de/10010276726
As evidence is accumulating that subjective expectations influence behavior and that these expectations are sometimes … biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to … real-life expectations formation process. For this purpose, an exceptional Dutch dataset on monthly expectations regarding …
Persistent link: https://www.econbiz.de/10010277212
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low. …
Persistent link: https://www.econbiz.de/10010277508
This paper presents a simple experiment on how laypeople form macroeconomic expectations. Subjects have to forecast … forecasts. It turns out that the availability of historical data has a dominant impact on expectations and wipes out the …
Persistent link: https://www.econbiz.de/10010278012
suggests that emigrants may have over-optimistic expectations about the incomes they can earn abroad, resulting in excessive … experiment with unique survey data on would-be emigrants' probabilistic expectations about employment and incomes in the …
Persistent link: https://www.econbiz.de/10014532721
findings provide insights to public authorities on how to announce lockdown measures and manage people's expectations. …
Persistent link: https://www.econbiz.de/10012207773
Expectations about macro-finance variables, such as inflation, vary significantly across genders, even within the same …, which in turn produce systematic variation in expectations. Using unique data on the contributions of men and women to … household grocery chores, their resulting exposure to price signals, and their inflation expectations, we show that the gender …
Persistent link: https://www.econbiz.de/10012207923
effect of the coronavirus crisis on household income and retirement wealth, households' expectations about the recovery, and …, which are stronger for younger households and those in lower income and wealth quintiles. Expectations about household … upward adjustments in expectations about household debt, desired working hours, and retirement age. Finally, respondents …
Persistent link: https://www.econbiz.de/10012208009
investment. Second, our results highlight that expectations regarding the duration of the shutdown—which, at this point of the …
Persistent link: https://www.econbiz.de/10012227644
Persistent link: https://www.econbiz.de/10012230924