Economic news, expectations and macro-economic behaviour

作者: W.Fred van Raaij

DOI: 10.1016/0167-4870(89)90039-1

关键词: AttributionIndex (economics)Social psychologyConsumer confidence indexPsychologyAggregate levelExpectation formationStimulus–response modelPositive economicsMacro

摘要: Abstract In this article the effects of economic news on formation expectations, and behaviour is discussed. How do people make causal attributions, form revise expectations how does influence their spending saving behaviour? Expectations are thus seen as intervening variables between stimulus response, both at individual aggregate level. Economic psychological approaches to expectation contrasted. Aggregate effects, such self-fulfilling self-negating Index Consumer Sentiment

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