How do people form their expectations on macroeconomic issues?

In his very interesting book, Richard Curtin (who has directed the consumer sentiment survey of the University of Michigan for several decades) argues that consumers form expectations in a complex way using conscious and nonconscious processes. Passion and reason are combined with public and private information to form the basis for the decisions and expectationsContinue reading “How do people form their expectations on macroeconomic issues?”

How do people form their expectations on macroeconomic issues?

In his very interesting book, Richard Curtin (who has directed the consumer sentiment survey of the University of Michigan for several decades) argues that consumers form expectations in a complex way using conscious and nonconscious processes. Passion and reason are combined with public and private information to form the basis for the decisions and expectationsContinue reading “How do people form their expectations on macroeconomic issues?”

How do people form their expectations on macroeconomic issues?

In his very interesting book, Richard Curtin (who has directed the consumer sentiment survey of the University of Michigan for several decades) argues that consumers form expectations in a complex way using conscious and nonconscious processes. Passion and reason are combined with public and private information to form the basis for the decisions and expectationsContinue reading “How do people form their expectations on macroeconomic issues?”

How do people form their expectations on macroeconomic issues?

In his very interesting book, Richard Curtin (who has directed the consumer sentiment survey of the University of Michigan for several decades) argues that consumers form expectations in a complex way using conscious and nonconscious processes. Passion and reason are combined with public and private information to form the basis for the decisions and expectationsContinue reading “How do people form their expectations on macroeconomic issues?”

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