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Rational Expectations and Econometric Practice: Volume 1: 001 - Tapa blanda

 
9780816609178: Rational Expectations and Econometric Practice: Volume 1: 001
Tapa blanda
ISBN 10: 0816609179 ISBN 13: 9780816609178
Editorial: University of Minnesota Press, 1981

Sinopsis

Rational Expectations and Econometric Practice was first published in 1981. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions.

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.

Robert E. Lucas, Jr., is professor of economics at the University of Chicago. Thomas J. Sargent is professor of economics at the University of Minnesota and adviser to the Federal Reserve Bank of Minnesota.

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Acerca del autor

Thomas J. Sargent is the Berkley Professor of Economics and Business at New York University.

De la contraportada

Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible to scholars, students, researchers, and general readers. Rich with historical and cultural value, these works are published unaltered from the original University of Minnesota Press editions. The books offered through Minnesota Archive Editions are produced in limited quantities according to customer demand and are available through select distribution partners.

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Editorial
University of Minnesota Press
Año de publicación
1981
Idioma
Inglés
ISBN 10 
0816609179
ISBN 13 
9780816609178
Encuadernación
Tapa blanda
Número de páginas
410
Editor
Lucas Jr. Robert E.
Contacto del fabricante
no disponible
Persona responsable
gpsr@libri.de
gpsr@libri.de

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