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Farmland Value Expectations and Learning

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  • Fiechter, Chad M.

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  • Fiechter, Chad M., 2023. "Farmland Value Expectations and Learning," 2023 Annual Meeting, July 23-25, Washington D.C. 335505, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea22:335505
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    4. Andreas Fuster & Benjamin Hebert & David Laibson, 2012. "Natural Expectations, Macroeconomic Dynamics, and Asset Pricing," NBER Macroeconomics Annual, University of Chicago Press, vol. 26(1), pages 1-48.
    5. Francesco D’Acunto & Ulrike Malmendier & Juan Ospina & Michael Weber, 2019. "Exposure to Daily Price Changes and Inflation Expectations," NBER Working Papers 26237, National Bureau of Economic Research, Inc.
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    8. Jeremy G. Weber & Nigel Key, 2015. "Leveraging Wealth from Farmland Appreciation: Borrowing, Land Ownership, and Farm Expansion," Land Economics, University of Wisconsin Press, vol. 91(2), pages 344-361.
    9. Ulrike Malmendier & Stefan Nagel, 2016. "Learning from Inflation Experiences," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 131(1), pages 53-87.
    10. Bartosz Mackowiak & Mirko Wiederholt, 2009. "Optimal Sticky Prices under Rational Inattention," American Economic Review, American Economic Association, vol. 99(3), pages 769-803, June.
    11. Olivier Coibion & Yuriy Gorodnichenko & Tiziano Ropele, 2020. "Inflation Expectations and Firm Decisions: New Causal Evidence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(1), pages 165-219.
    12. Jess Benhabib & Mark M Spiegel, 2019. "Sentiments and Economic Activity: Evidence from US States," The Economic Journal, Royal Economic Society, vol. 129(618), pages 715-733.
    13. Kuethe, Todd H. & Hubbs, Todd, 2017. "Bankers’ Forecasts Of Farmland Values: A Qualitative And Quantitative Evaluation," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 49(4), pages 617-633, November.
    14. Milani, Fabio, 2007. "Expectations, learning and macroeconomic persistence," Journal of Monetary Economics, Elsevier, vol. 54(7), pages 2065-2082, October.
    15. Albert Marcet & Juan P. Nicolini, 2003. "Recurrent Hyperinflations and Learning," American Economic Review, American Economic Association, vol. 93(5), pages 1476-1498, December.
    16. Bray, Margaret, 1982. "Learning, estimation, and the stability of rational expectations," Journal of Economic Theory, Elsevier, vol. 26(2), pages 318-339, April.
    17. Tegene, Abebayehu & Kuchler, Frederick R, 1991. "A Description of Farmland Investor Expectations," The Journal of Real Estate Finance and Economics, Springer, vol. 4(3), pages 283-296, September.
    18. T. W. Schultz & O. H. Brownlee, 1942. "Two Trials to Determine Expectation Models Applicable to Agriculture," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 56(3), pages 487-496.
    19. Greenwood, Robin & Nagel, Stefan, 2009. "Inexperienced investors and bubbles," Journal of Financial Economics, Elsevier, vol. 93(2), pages 239-258, August.
    20. Andreas Fuster & David Laibson & Brock Mendel, 2010. "Natural Expectations and Macroeconomic Fluctuations," Journal of Economic Perspectives, American Economic Association, vol. 24(4), pages 67-84, Fall.
    21. Goldfayn-Frank, Olga & Wohlfart, Johannes, 2020. "Expectation formation in a new environment: Evidence from the German reunification," Journal of Monetary Economics, Elsevier, vol. 115(C), pages 301-320.
    22. Barnard, Charles H. & Jones, John, 1987. "Farm Real Estate Values in the United States by Counties, 1850-1982," Statistical Bulletin 154628, United States Department of Agriculture, Economic Research Service.
    23. Keith C. Brown & Deborah J. Brown, 1984. "Heterogenous Expectations and Farmland Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(2), pages 164-169.
    24. Todd H Kuethe & David Oppedahl, 2021. "Agricultural bankers’ farmland price expectations," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 48(1), pages 42-59.
    25. Brett Olsen & Jeffrey Stokes, 2015. "Is Farm Real Estate The Next Bubble?," The Journal of Real Estate Finance and Economics, Springer, vol. 50(3), pages 355-376, April.
    26. Brian C. Briggeman & Michael A. Gunderson & Brent A. Gloy, 2009. "The Financial Health of Agricultural Lenders," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(5), pages 1406-1413.
    27. Alberto Cavallo & Guillermo Cruces & Ricardo Perez-Truglia, 2017. "Inflation Expectations, Learning, and Supermarket Prices: Evidence from Survey Experiments," American Economic Journal: Macroeconomics, American Economic Association, vol. 9(3), pages 1-35, July.
    28. Carlos Madeira & Basit Zafar, 2015. "Heterogeneous Inflation Expectations and Learning," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(5), pages 867-896, August.
    29. Ulrike Malmendier & Stefan Nagel, 2011. "Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(1), pages 373-416.
    30. Briggeman, Brian C. & Gunderson, Michael A. & Gloy, Brent A., 2009. "AJAE appendix for “The Financial Health of Agricultural Lenders”," American Journal of Agricultural Economics APPENDICES, Agricultural and Applied Economics Association, vol. 91(5), pages 1-7, August.
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    Keywords

    Agricultural Finance; Agribusiness; Agricultural and Food Policy;
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