Individual Expectations and Aggregate Macro Behavior
By T. Assenza, P. Heemeijer, Cars H. Hommes, D. Massaro. 2011
131 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/f67f6e67f3b9183555e6134f362aaf6d0d0c76ad
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Mauro Gallegati
- Joseph E. Stiglitz
- Antoine G. Godin
- Alessandro Caiani
- J. Duffy
- Stephen Kinsella
- Eugenio Caverzasi
- Marco Raberto
Citations in the corpus
- Agent based-stock flow consistent macroeconomics: Towards a benchmark model (2016, methodology): “…scheme employed in the model is well-established in the literature (recent examples are Assenza et al., 2015; Dosi et al., 2010, and later works), several authors has recently stressed the relevance of heterogeneous expectations in models employed for policy analysis (Assenza et al., 2013b,a).”
- Evolutionary Selection of Individual Expectations and Aggregate Outcomes in Asset Pricing Experiments (2012, unknown): “under uncertainty are at odds with perfectly rational behavior, and can be much better described by simple heuristics, which sometimes may lead to persistent biases (Tversky and Kahneman, 1974; Kahneman, 2003; Camerer and Fehr, 2006). Models of bounded rationality have also been applied to forecasti”
- Macroeconomics: A Survey of Laboratory Research (2016, background): “Assenza et al. (2013) conduct a similar experimental study to that of Pfajfar and Zakelj (2013), but with some important differences.”
- INTEREST RATE RULES AND MACROECONOMIC STABILITY UNDER HETEROGENEOUS EXPECTATIONS (2012, unknown): “Assenza et al. (2011) observed digit preference in learning-to-forecast experiments adopting the New Keynesian model.”