Rational Expectations & Econometric Practice (002): Volume 2 - Brossura

Lucas, Robert

 
9780816610716: Rational Expectations & Econometric Practice (002): Volume 2
Brossura
ISBN 10: 0816610711 ISBN 13: 9780816610716
Casa editrice: Univ of Minnesota Pr, 1981

Sinossi

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.

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Product Description

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Editore
Univ of Minnesota Pr
Data di pubblicazione
1981
Lingua
Inglese
ISBN 10 
0816610711
ISBN 13 
9780816610716
Rilegatura
Copertina flessibile
Numero di pagine
340
Contatto del produttore
non disponibile
Persona responsabile
non disponibile