"expectation" in inglés with examples - Collocation dictionary inglés
- Under adaptive expectations, expectations of the future value of an economic variable are based on past values.
- Under adaptive expectations, if the economy suffers from constantly rising inflation rates (perhaps due to government policies), people would be assumed to always underestimate inflation.
- Built-in inflation is induced by adaptive expectations, and is often linked to the "price/wage spiral".
- Agent-based models of financial markets often assume investors act on the basis of adaptive learning or adaptive expectations.
- But we'll do that using adaptive expectations okay right.
- However, until the 1970s, most models relied on adaptive expectations, which assumed that expectations were based on an average of past trends.
- They will come to realize that the factor which had given rise to their positive, constant prediction errors under adaptive expectations was the excess demand component,.
- Prior to Lucas, economists had generally used adaptive expectations where agents were assumed to look at the recent past to make expectations about the future.
- In economics, adaptive expectations means that people form their expectations about what will happen in the future based on what has happened in the past.
- The theory of adaptive expectations can be applied to all previous periods so that current inflationary expectations equal:
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