Handbook of Economic Expectations

Handbook of Economic Expectations
ISBN-10
0128234768
ISBN-13
9780128234761
Category
Business & Economics
Pages
876
Language
English
Published
2022-11-04
Publisher
Elsevier
Authors
Ruediger Bachmann, Giorgio Topa, Wilbert van der Klaauw

Description

Handbook of Economic Expectations discusses the state-of-the-art in the collection, study and use of expectations data in economics, including the modelling of expectations formation and updating, as well as open questions and directions for future research. The book spans a broad range of fields, approaches and applications using data on subjective expectations that allows us to make progress on fundamental questions around the formation and updating of expectations by economic agents and their information sets. The information included will help us study heterogeneity and potential biases in expectations and analyze impacts on behavior and decision-making under uncertainty. Combines information about the creation of economic expectations and their theories, applications and likely futures Provides a comprehensive summary of economics expectations literature Explores empirical and theoretical dimensions of expectations and their relevance to a wide array of subfields in economics

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