- 1-Measuring Subjective Expectations in Developing Countries : A Critical Review and New Evidence

  title={- 1-Measuring Subjective Expectations in Developing Countries : A Critical Review and New Evidence},
  author={David McKenzie},
The majority of economic decisions are forward looking and thus involve expectations of future outcomes. Understanding the expectations that individuals have is thus of crucial importance to designing and evaluating policies in health, education, finance, migration, social protection, and many other areas. However, the majority of developing country surveys are static in nature and many do not elicit subjective expectations of individuals. Possible reasons given for not collecting this… CONTINUE READING

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