Consumer expectations

Consumer expectations: micro foundations and macro impact

by Curtin, Richard Thomas

Type Book
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"Expected outcomes offer no new information. Results that are unexpected challenge orthodox views. While most discrepancies are resolved upon detailed examination, the few that remain have the potential to lead to a new understanding of human behavior. Over the past four decades, I have held a unique position that has allowed me to directly observe how people form and act on their economic expectations as the director of the University of Michigan's consumer sentiment surveys. I initially resis…

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Title Statements

  • Full title :Consumer expectations : micro foundations and macro impact / Richard T. Curtin.

Summary

"Expected outcomes offer no new information. Results that are unexpected challenge orthodox views. While most discrepancies are resolved upon detailed examination, the few that remain have the potential to lead to a new understanding of human behavior. Over the past four decades, I have held a unique position that has allowed me to directly observe how people form and act on their economic expectations as the director of the University of Michigan's consumer sentiment surveys. I initially resisted the startling implications of my observations as they were in inconsistent with accepted theories in economics and psychology"--

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Edition Statements

  • Publication Date:©2019

Publication Statements

The Physical Object

  • Description:xix, 343 pages ; : 24 cm

Edition Identifiers

  • ISBN:9781107004696, 1107004691, 9780521181136, 0521181135
  • oclc:on1050140663
  • LC Classification:HF5415.32
  • Dewey Decimal:658.8/342

Table of Contents

The formation of expectations -- The consumer and the macroeconomy.

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