Rational Expectations

Sommario

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.

Riassunto

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.

Dettagli sul prodotto

• Autori: Steven M. Sheffrin
• Con la collaborazione di: John Pencavel (Editore)
• Editore: Cambridge University Press
• Lingue: Inglese
• Formato: Tascabile
• Pubblicazione: 27.05.2006
• EAN: 9780521479394
• ISBN: 978-0-521-47939-4
• Pagine: 200
• Dimensioni: 152 mm x 229 mm x 12 mm
• Peso: 298 g
• Serie: Cambridge Surveys of Economic
• Categorie: Guide e manuali > Diritto, professione, finanze; Scienze sociali, diritto, economia > Economia > Altro