Rational Expectations and Econometric Practice: Volume 2

Lingua: inglese

Editore: University of Minnesota Press, 1981

0816610711 / 9780816610716

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Descrizione dell’articolo da parte del venditore

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.

Codice articolo 00083385176

Titolo
Rational Expectations and Econometric Practice: Volume 2
Autore
Robert Lucas
Editore
University of Minnesota Press
Anno di pubblicazione
1981
Condizione
Good
Rilegatura
Paperback
Lingua
inglese
ISBN 10
0816610711
ISBN 13
9780816610716

World of Books (was SecondSale)

Montgomery, IL, U.S.A.

Venditore con 5 stelle

Venditore AbeBooks dal 20 dicembre 2007

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