Rational Expectations in Macroeconomic Models - Advanced Studies in Theoretical and Applied Econometrics - P. Fisher - Books - Springer - 9780792319030 - August 31, 1992
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Rational Expectations in Macroeconomic Models - Advanced Studies in Theoretical and Applied Econometrics 1992 edition

P. Fisher

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Rational Expectations in Macroeconomic Models - Advanced Studies in Theoretical and Applied Econometrics 1992 edition

It is commonly believed that macroeconomic models are not useful for policy analysis because they do not take proper account of agents' expectations. Over the last decade, mainstream macroeconomic models in the UK and elsewhere have taken on board the `Rational Expectations Revolution' by explicitly incorporating expectations of the future.


211 pages, biography

Media Books     Hardcover Book   (Book with hard spine and cover)
Released August 31, 1992
ISBN13 9780792319030
Publishers Springer
Pages 211
Dimensions 156 × 234 × 14 mm   ·   498 g
Language English