Are long-horizon expectations (de-)stabilizing? : theory and experiments
Year of publication: |
2022
|
---|---|
Authors: | Evans, George W. ; Hommes, Cars H. ; McGough, Bruce ; Salle, Isabelle |
Published in: |
Journal of monetary economics. - Amsterdam : Elsevier, ISSN 0304-3932, ZDB-ID 191155-7. - Vol. 132.2022, p. 44-63
|
Subject: | Learning | Long-horizon expectations | Asset pricing | Experiments | Experiment | Erwartungsbildung | Expectation formation | CAPM | Theorie | Theory | Lernprozess | Learning process | Prognoseverfahren | Forecasting model |
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