Belief Distortions and Macroeconomic Fluctuations
收藏NBER2020-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w27406
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资源简介:
This paper combines a data rich environment with a machine learning algorithm to provide new estimates of time-varying systematic expectational errors ("belief distortions") embedded in survey responses. We find that distortions are large even for professional forecasters, with all respondent-types
提供机构:
美国国家经济研究局
创建时间:
2020-06-01



