Template-Type: ReDIF-Paper 1.0 Series: Tinbergen Institute Discussion Papers Creation-Date: 2026-10-05 Number: 26-080/II Author-Name: Isabelle Salle Author-Workplace-Name: University of Amsterdam Author-Name: Hung Truong Author-Workplace-Name: University of Ottawa Title: Representation over Rents: Heterogeneity in Expectations: Empirical and Experimental Evidence Abstract: This chapter surveys the empirical literature in macroeconomics on heterogeneous expectations both from surveys and laboratory experiments. Section 1 defines the main concepts, Section 2 provides a historical perspective, Section 3 focuses on inflation expectations, Section 4 broadens up to other variables, and Section 5 concludes with avenues for future work. Classification-JEL: E70 Keywords: Heterogeneity in Expectations: Empirical and Experimental Evidence File-URL: https://papers.tinbergen.nl/26080.pdf File-Format: application/pdf File-Size: 595.364 bytes Handle: RePEc:tin:wpaper:20260080