We host different speakers at our Economic Theory & Policy Seminar

Upcoming topics and speakers will be posted below.

12. January 2026, 16:00 until 17:30

Economic Theory & Policy Seminar / J. Mankart (National Bank of Slovakia) / Heterogeneity in Expectations and House Price Dynamics

Seminar

Jochen Mankart will give a talk at our Economic Theory and Policy Seminar.

“Heterogeneity in Expectations and House Price Dynamics”


Jochen Mankart, opens an external URL in a new window (National Bank of Slovakia)


Expectations are central for housing decisions and heterogeneity in expectations is a robust feature of survey data. We study the implications of heterogeneity in house price growth expectations for the level of house prices. We feed the joint empirical distributions of income, wealth and expectations into a calibrated heterogeneous agents housing model. We find that eliminating heterogeneity in house price growth expectations would raise average house prices and amplify house price fluctuations thereby reducing the fit of the model. Without heterogeneity, average house prices would.

Calendar entry

Event details

Event location
TU Wien
1040 Vienna
Wiedner Hauptstr. 8-10, Seminarroom: Zeichensaal 1 (Freihaus buidling, green area, 8th floor)
Organiser
ECON
Julia Hutter
julia.hutter@tuwien.ac.at
Public
Yes
Entrance fee
No
Registration required
No