Forward-looking behaviour in economics involves agents forming expectations about future economic conditions and policy changes to make informed decisions today. It impacts how economies evolve based on credible future projections.
A natural experiment occurs when an exogenous change allows the estimation of the effect of a change in a single variable, without the direct control of the investigator.
A comprehensive exploration of structural breaks in time-series models, including their historical context, types, key events, explanations, models, diagrams, importance, examples, considerations, related terms, comparisons, interesting facts, and more.
