We assess how well measures of disagreement in qualitative survey expectations reflect disagreement in corresponding quantitative expectations. We consider a variety of measures, belonging to two categories:…
This paper investigates the long-run relationships between the size and age composition of a city's population and the price of local housing. For estimation purposes, we combine city-level demographic…
The recent financial and sovereign debt crises around the world have sparked a growing literature on models and empirical estimates of defaultable debt. Frequently households and firms come under default threat,…