Inferring Expectations from Observables - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inferring Expectations from Observables write by Itzhak Ben-David. This book was released on 2019. Inferring Expectations from Observables available in PDF, EPUB and Kindle. We propose a new method to identify shifts in price expectations in the housing market through the accumulation of excess capacity. Expectations of future price increases (due to anticipated future demand for housing services) cause the current supply to increase, creating a temporary vacancy. We implement this intuition in a structural vector autoregression with sign restrictions and explore the effects of price expectations in the U.S. housing market. We find that price expectation shocks were a prime factor explaining the 1996-2006 boom, particularly in the Sand States. Expectation shocks at the boom's peak reflected implausible growth expectations and reversed during the bust.
Expectations and the Economy
Expectations and the Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Expectations and the Economy write by . This book was released on 1981. Expectations and the Economy available in PDF, EPUB and Kindle.
Handbook of Economic Expectations
Handbook of Economic Expectations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Handbook of Economic Expectations write by Ruediger Bachmann. This book was released on 2022-11-04. Handbook of Economic Expectations available in PDF, EPUB and Kindle. 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
Counterfactuals and Causal Inference
Counterfactuals and Causal Inference - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Counterfactuals and Causal Inference write by Stephen L. Morgan. This book was released on 2014-11-17. Counterfactuals and Causal Inference available in PDF, EPUB and Kindle. In this second edition of Counterfactuals and Causal Inference, completely revised and expanded, the essential features of the counterfactual approach to observational data analysis are presented with examples from the social, demographic, and health sciences. Alternative estimation techniques are first introduced using both the potential outcome model and causal graphs; after which, conditioning techniques, such as matching and regression, are presented from a potential outcomes perspective. For research scenarios in which important determinants of causal exposure are unobserved, alternative techniques, such as instrumental variable estimators, longitudinal methods, and estimation via causal mechanisms, are then presented. The importance of causal effect heterogeneity is stressed throughout the book, and the need for deep causal explanation via mechanisms is discussed.
The Development of Future-Oriented Processes
The Development of Future-Oriented Processes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Development of Future-Oriented Processes write by Marshall M. Haith. This book was released on 1994. The Development of Future-Oriented Processes available in PDF, EPUB and Kindle. Following Marshall Haith's seminal studies on early infant anticipation, this collection begins with a survey of current knowledge about the early development of expectations.
