Tobias F Rötheli

The Behavioral Economics of Inflation Expectations

Macroeconomics Meets Psychology

• Gebundenes Buch

Produktbeschreibung

A behavioral approach to modeling macroeconomic expectations.

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Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 243
• Erscheinungstermin: 13. August 2020
• Englisch
• Abmessung: 237mm x 163mm x 22mm
• Gewicht: 498g
• ISBN-13: 9781108482851
• ISBN-10: 1108482856
• Artikelnr.: 58699332

Autorenporträt

Tobias F. Rötheli is Professor of Macroeconomics at the University of Erfurt.

Inhaltsangabe

1. Patterns and expectations
2. Extrapolation and expectations
3. Eliciting expectations under laboratory conditions
4. Features of the laboratory data
5. Similarity matching and scaling the experimental data
6. Pattern extrapolation and expectations measured by consumer surveys
7. Heterogeneity and uncertainty of inflation expectations
8. Inflation dynamics
9. Explaining the course of interest rates
10. Generalizing the pattern-based approach
11. A detour to income expectations
12. The Fisher effect in historical times
13. Expectations of high inflation
14. The Fisher effect in Asian economies
15. The Fisher effect in African economies
16. Estimates of expected inflation for major economies
17. Estimates of expected real interest rates for major economies
Epilogue.