This paper develops a novel approach that leverages the information contained in expectations datasets to derive empirical measures of beliefs regarding economic shocks and their dynamic effects. Utilizing a panel of expectation revisions for a single variable across multiple horizons, we...

This paper develops a novel approach that leverages the information contained in expectations datasets to derive empirical measures of beliefs regarding economic shocks and their dynamic effects. Utilizing a panel of expectation revisions for a single variable across multiple horizons, we...

Purpose - This paper investigates the impact of governance on economic growth, considering the spatial dependence between countries. Design/methodology/approach - The study employs spatial regression models to estimate the impact of governance on economic growth in a sample of 116 countries...