Heterogeneous Expectation of financial analysts: analysis of expectation formation and optimal aggregation

Heterogeneous Expectation of financial analysts: analysis of expectation formation and optimal aggregation

Expectations play a fundamental role in economic theory. Survey based expectations carry economically important and timely information on the current and future development of economy. The main aim of this project is to conduct detailed empirical analysis on the formation of expectation of financial analysts, and to improve the method for aggregating individual expectations. In this context we will analyse the monthly ZEW-Finanzmarkttests micro level expectation data (in particular the heterogeneity of individual expectations).

Project members

Michael Schröder

Michael Schröder

Project Coordinator
Senior Researcher

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Andreas Schrimpf

Andreas Schrimpf

Research Fellow

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Qingwei Wang

Qingwei Wang

Research Associate

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Lukas Menkhoff

Lukas Menkhoff

Research Associate

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Cooperation partner
Universität Hannover, Hannover, DE

Contact

Michael Schröder
Senior Researcher
Dr. Michael Schröder
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