Fr. 186.00

Rational Expectations

English · Hardback

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Description

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Klappentext This book develops the idea of rational expectations and surveys its use in economics today. Zusammenfassung In recent years! economists have developed models in which individuals form expectations of key variables in a 'rational' manner such that these expectations are consistent with actual economic environments. This book develops the idea of rational expectations and surveys its use in economics today. Inhaltsverzeichnis Preface; Preface to the first edition; 1. The concept of rational expectations; 2. Inflation and unemployment; 3. Further topics in macroeconomics; 4. Efficient markets and rational expectations; 5. Empirical microeconomic models; 6. Rational expectations in practice; References; Index.

Product details

Authors Steven M. Sheffrin, Steven M. (University of California Sheffrin
Assisted by John Pencavel (Editor)
Publisher Cambridge University Press ELT
 
Languages English
Product format Hardback
Released 13.06.1996
 
EAN 9780521474009
ISBN 978-0-521-47400-9
No. of pages 200
Series International Symposia in Econ
Subject Social sciences, law, business > Business > Miscellaneous

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