Publication
Feb 2009
This paper estimates a simple univariate model of expectation or opinion formation in continuous time adapting a "canonical" stochastic model of collective opinion dynamics. This framework is applied to a selected data set on survey-based expectations from the rich EU business and consumer survey database for 12 European countries.
Download |
English (PDF, 41 pages, 592 KB) |
---|---|
Author | Jaba Ghonghadze, Thomas Lux |
Series | Kiel Institute Working Papers |
Issue | 1487 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2009 Kiel Institute for the World Economy |