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Rational Expectations and Econometric Practice: Volume 1: 001 - Brossura

Lucas, Robert

 
9780816609178: Rational Expectations and Econometric Practice: Volume 1: 001
Brossura
ISBN 10: 0816609179 ISBN 13: 9780816609178
Casa editrice: Univ of Minnesota Pr, 1981

Sinossi

Rational Expectations and Econometric Practice was first published in 1981. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions.

Assumptions about how people form expectations for the future shape the properties of any dynamic economic model. To make economic decisions in an uncertain environment people must forecast such variables as future rates of inflation, tax rates, government subsidy schemes and regulations. The doctrine of rational expectations uses standard economic methods to explain how those expectations are formed.

This work collects the papers that have made significant contributions to formulating the idea of rational expectations. Most of the papers deal with the connections between observed economic behavior and the evaluation of alternative economic policies.

Robert E. Lucas, Jr., is professor of economics at the University of Chicago. Thomas J. Sargent is professor of economics at the University of Minnesota and adviser to the Federal Reserve Bank of Minnesota.

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Informazioni sull'autore

Thomas J. Sargent is the Berkley Professor of Economics and Business at New York University.

Dalla quarta di copertina

Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible to scholars, students, researchers, and general readers. Rich with historical and cultural value, these works are published unaltered from the original University of Minnesota Press editions. The books offered through Minnesota Archive Editions are produced in limited quantities according to customer demand and are available through select distribution partners.

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.

Editore
Univ of Minnesota Pr
Data di pubblicazione
1981
Lingua
Inglese
ISBN 10 
0816609179
ISBN 13 
9780816609178
Rilegatura
Copertina flessibile
Numero di pagine
410
Redattore
Sargent Thomas J.
Contatto del produttore
non disponibile
Persona responsabile
gpsr@libri.de
gpsr@libri.de

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