Published in:Michigan Retirement Research Center Research Paper ; No. WP 2003-059
Extent:
1 Online-Ressource (22 p)
Language:
English
DOI:
10.2139/ssrn.1092143
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 1, 2003 erstellt
Description:
An increasing number of longitudinal data sets collect expectations information regarding a variety of future individual level events and decisions, providing researchers with the opportunity to explore expectations over micro variables in detail. We provide a theoretical framework and an econometric methodology to use that type of information to test the Rational Expectations hypothesis in models of individual behavior, and present tests using two different panel data sets