Marcos Gaspar Montenegro Calvimonte
Marcos Gaspar Montenegro Calvimonte
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Diagnostic Expectations
Forecasting Under Distorted Beliefs: The Impact of Diagnostic Expectations
In this paper, I explore the impact of diagnostic expectations (DE) on the state-space structure of linear macroeconomic models and the …
Marcos Gaspar Montenegro Calvimonte
Sep, 2025
The Effects of Diagnostic Expectations in a Small Open Economy
In this paper, I explore the implications of incorporating representativeness, in the form of diagnostic expectations, into a small …
Marcos Gaspar Montenegro Calvimonte
A Diagnostic TANK Model for the Housing Market
The U.S. housing market exhibits an unusually high degree of volatility, which challenges traditional models that rely on large …
Marcos Gaspar Montenegro Calvimonte
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